Hacker News Reader

Comment by drcode | Hacker News Reader

I think there's lots of solid advice in this article, but this last bullet point is an eye-roller:

> Lack of government regulations for blockchain could impede growth.

i.e. "We're from the government, and we're here to help make your blockchain more efficient and grow faster!"

You have it backwards. "We don't know if a government who has the power to make our lives very difficult will have a problem with this, so we should be prudent and steer clear until that's settled."

That is fair.

Agreed. I keep seeing people say bitcoin “needs” regulation and to me the notion of Washington having any say over bitcoin sounds absurd. Sadly I think we may one day find that a majority may think it makes sense, and I worry for the consequences.

Only in your narrow minded libertarian brain does that sound absurd.

Government regulation exists precisly for the purpose of making inter-personal relations more efficient.

Personal attacks break the site guidelines. So does using HN for ideological battle. The combo of the two is particularly ban-worthy. Please read https://news.ycombinator.com/newsguidelines.html and please don't post like this again, regardless of which ideology you favor or how wrong the other one is.

Heh, I spend enough time on Reddit that this guy's reply just sounds like a normal mode of discussion these days...

I don’t see how your insult adds any value to the conversation. I can equally argue about you narrow-mindedness while bluntly stating the opposite argument.

Government regulation can also do the opposite in reality.

It sounds absurd to me. Am I narrow minded?

Not to mention: > Data on blockchains is by default, unencrypted, especially data that needs to be validated by the nodes.

Databases are unsecured by default -> databases are overhyped!

Databases are unsecured by default

Only MongoDB and yes, it is all hype

Reply on news.ycombinator.com