DeepSeek is not a new technology. It is based on Llama 3.1 the same as ChatGPT etc. so all these speculative rants are simply anti Chinese racism.

There is no AI. LLMs don't understand anything.

Also, there are no cryptocurrencies. If they're not currency, they are not cryptocurrency. Something is currency if I can buy groceries at the local grocery store with it and pay my taxes with it.

In one way I agree with you but in another I disagree. I have a Xavier and a Nano AI computers and am interested in this field but the name is simply a stupid and misleading marketting ploy. It is not in any way "Intelligent" nor can it become such. It is simply a next step in computing. As for crypto, I get paid in crypto so I also see that differently and in some countries like Venezuala, where the economy has collapsed, you can pay for your groceries with crypto although not the Bitcoin and Etherium that are popular in the West. If you attempt to pay for something with Bitcoin it can take hours for the trade to complete and cost more than what you are buying. Stupid.