this post was submitted on 13 Aug 2023
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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[โ€“] TurtleJoe@lemmy.world 3 points 2 years ago (1 children)

The blazing fast technology that allows for up to 7 transactions a second worldwide? Amazing.

Don't forget to pay your capital gains tax when you sell your butts online to buy your pizza.

The slow transaction speed is a valid criticism, but it doesn't make this technology a scam. Different cryptocurrencies have different speeds. With Litecoin I think it takes me 40 minutes to pay for something. I still prefer that over being tracked by my bank or having to use PayPal. I think you can pay instantly with Dash, but I haven't used it.

I don't sell anything online, so what are you talking about?