Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

This just isn't the case. People are being productive with AI right now.

Crypto ran out of excuses for having no actual products outside of itself a long time ago. That is, apart from the money laundering and grift that it was used for from day one.



Most of what AI's produced so far is features. Mostly some thing that could be done before that's now slightly more convenient or streamlined.

I've yet to see any actual coherent products come out of the 2020s AI "boom".


You can call the productive activity what you will. Crypto has no "features" any more than it has "products".

Copilot works. GPT is helping me write more coherently. Stable Diffusion is entertaining my nieces with silly pictures. Biotech AI-based drug discoveries are being announced every day.


Bitcoin's raison d'etre is to serve as a decentralized currency free from the constraints of central banks or governments, and it fulfills this purpose admirably.


It's neither effective currency, nor effective store of value.


it's potential as a currency and store of value should not be dismissed based on its current limitations. Its adoption and value will likely continue to grow as more people become aware of its potential, particularly with the implementation of the Lightning Network which aims to improve scalability and transaction speeds


It's had ten+ years. The Lightning Network has had 6+ years. Other layer 2 protocols have had longer.

I've worked on first layer blockchain projects as well as Ethereum projects: it's not as complex a technology as people make it out to be.

Sorry, but there's no there, there.


the LN launched in 2018 an took off 2020.


What do you define as takeoff? The transaction numbers are minuscule.

I personally think crypto transactions are a dead use case. El Salvador recently released numbers that said crypto remittances were in the 1% range in 2022, despite all the hype. Coinbase actually shutdown there remittances product after a couple of years and a couple of thousands of transactions.

The people don’t want it.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: