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Cryptocurrencies are clever, they could have done something interesting, and there are uses (albeit limited) beyond that for blockchains, but the whole thing has turned into a hypercapitalist hellscape of grifters and speculators.

reuters.com/article/retail-tra

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@floppy Cryptocurrency pandered really hard to wealthy "investors" to show off its capabilites. Is it really that unexpected that said investers would focus on ways to cheese monitary systems and continue grifting. This is a execlent learning oppurturnty and stress test though. Cryptocurrency should be designed to fail at least as well as existing currencies ideally better

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