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Oh crypto is doing fine, no issues there. NFTs however, like all the hype of pictures of monkeys selling for ridiculous amounts of money, that's the implosion I was referring to.

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The "blockchain" collapse was covered up by the AI explosion, many of the NFT/blockchain things that would have died out pivoted to be AI (or AI on the blockchain!).

> many of the NFT/blockchain things that would have died out pivoted to be AI (or AI on the blockchain!).

I'm guessing you're talking about smaller projects? AFAIK, neither Bitcoin nor Ethereum have anything to do with AI, and combined they're 1.5T USD in market cap, that's not propped up by AI, is it?

Yes - the scam/hype around crypto was always on the "application" of it (or shitcoins) - BTC and ETH have just chugged along as they actually have an underlying use case.

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