The emperor has no clothes, or at very best is parading around the street in a loincloth made up of cryptocurrency whitepapers.
We detached this subthread from https://news.ycombinator.com/item?id=14976350 and marked it off-topic.
Maybe we could come up with a "HN law of crypto" that states all articles must be met with "paper money works just fine" or "just another tulip scheme".
It seems asking for constructive criticism is out of the question due to the ideological motivations behind the criticisms.
With the way technology is going it would seem everything would be connected to the web and this idea of decentralized apps that require crypto, I'd like to be in on that... the "millionaires" that came about from bitcoin, that's nice but are you saying the tulip scheme is going to be the end result of crypto?
I'm asking because I don't know. I'm buying it solely for FOMO
Also, crypto skeptics realise that the crypto fans literally have money at stake so they are not unbiased. Maybe crypto skeptics are also a bit worried that perhaps there is something they didn't get. Perhaps they miss out on the next big thing.
That - IMO - is what "crypto skeptics" are actually skeptical of.
[0] See also the "put voting on the blockchain and give everybody an identifying number to verify their vote" people who seem to have absolutely no idea why we have a secret ballot.
No it wouldn't
> I guess that's why some people get rich and others sit on their hands and complain.
I honestly don't know what your point is. There's a lot to criticize in the crypto space right now. There's also a lot of money to be made. Those aren't in any way mutually exclusive.
I think you do. It was the sentence before the one you quoted
Ok. That's a bit contrived but is easy enough to agree with.
> I think you do.
Are we aggressively agreeing?
It's Econ 101 they don't get. It's the origin of money they don't get. With every tulip argument it becomes painfully obvious that "progressives" are economically illiterate. They talk about supply and demand they way conservatives talk about global warming being "only a theory". This Cryptophobia (let the record show I coined the term :P ) is not technologically rooted.
The only thing I want is for productive conversation to occur - but from a technical aspect. Maybe there could be a tab where people argue from an ideological perspective. But the reason I'm frustrated is that literally every crypto thread has the same comments.
Let's just all admit we're not going to convert anyone, and if you don't have constructive inputs to the technology then reconsider commenting.