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feel *exactly* like crypto did in 2017, with nearly daily articles about how it can't possibly work, and a die hard community earnestly pleading "but you just don't UNDERSTAND!"

The main difference is that there *are* reasonable use cases. They're just far smaller than people want to admit.

@scottjenson I mean, there are plausible use cases for digital cash too (if they could figure out how to move away from the horribly inefficient implementations we have now).

It's just that 99% of the market is crime and speculators rather than people actually conducting commerce in lawful goods and services.

Scott Jenson

@azonenberg Oh, I totally agree. There is a reason that so many drank the koolaid. But as we've seen over and over, vision isn't enough, execution is everything.

@scottjenson Honestly I would argue that buttcoin is more inherently useful than a spicy markov bot is.

Which says a lot about the size of the remaining market when all this nonsense implodes.