Comment by stego-tech

Honestly, the remixes this generation suck compared to priors.

"This time will be different," they said about the Metaverse, ignoring the vast tranches of MUCKs, MUDs, MMOs, LSGs, and repeated digital real estate gold rushes of the past half-century. Billions burned on something anyone who played Second Life, Entropia, FFXIV, EQ2, VRChat, or fucking Furcadia could've told you wasn't going to succeed, because it wasn't different, it just had more money behind it this time.

"NFTs are different", as collectors of trading cards, art prints, coins, postage stamps, and an infinite glut of collectibles looked at each other with that knowing, "oh lord, here we go" glance.

"Crypto is different", as those who paid attention to history remembered corporate scrip, gift cards, hedge funds, the S&L crisis, Enron, the MBS crisis, and the multitude of prior currency-related crises and grifts bristled at the impending glut of fraud and abuse by those too risky to engage in traditional commerce.

And thus, here we are again. "This time is different", as those of us who remembered the code generators of yore pollute our floppy drives and salesgrifts convinced our bosses that their program could replace those expensive programmers roll our eyes at the obvious bullshit on naked display, then vomited from stress as over a trillion dollars was diverted from anything of value into their modern equivalent - with all the same problems as before.

I truly hate how stupidly people with money actually behave.