• Zos_Kia
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    2 months ago

    I don’t think GP is arguing that crypto is a good thing here. They are refuting the meme which calls crypto a dead fad.

    As mind boggling as it may sound, crypto is still a very strong industry, raising about 10 billion per year. Sure fundraising has been divided by 3 since the hype years but that’s still very comfortable numbers.

    Again, not saying it is a good thing. But just because it doesn’t make mainstream headlines anymore doesn’t mean it’s dead.

    • @[email protected]
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      22 months ago

      I agree with everything you’re saying except crypto is not down by more than half since it’s peak.

      • Zos_Kia
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        12 months ago

        You know what you’re right, i was mistakenly taking 2022 as a baseline. I’ll edit my original comment to reflect that.