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I wasted years of my life in crypto

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681 points Anon84 | 1 comments | 07 Dec 25 12:57 UTC | HN request time: 0s | source
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reenorap ◴[08 Dec 25 15:28 UTC] No.46193336[source]▶
I worked at a crypto exchange and after I came to the conclusion that 99% of crypto was scams and rugpulls, I sold all my crypto and vowed to have nothing to do with it. It's more of a religion than a financial instrument and absolutely nothing has shown to me that crypto is anything more than a speculative gamble, basically tulips with the religious promise of a better world. The number of employees that lost money on rugpulls while I was there, but "still believed in crypto" was staggering.
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mervz ◴[08 Dec 25 15:59 UTC] No.46193826[source]▶
100%.

It's similar to AI... the only people trying to tell you "it's the future" are those with financial stakes.

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1. amunozo ◴[09 Dec 25 13:15 UTC] No.46204612[source]▶
The difference is that AI is a huge array of technologies (not only LLMs) and are being used in several fields with different, useful purposes.

There's a cult and a bubble too, though, and I agree with that part.