Hacker News Reader

Comment by mtalantikite | Hacker News Reader

“Bitcoin and Ethereum don’t have organizations behind them let alone marketing budgets, yet are used, owned, and loved by tens of millions of people.”

Uh, what? This is written on basically a marketing blog for one of the most well known VC firms in the world. Which will invest millions of dollars in organizations that will go on to market an ever increasing amount of blockchain companies that will do... something. Which will be written about endlessly by news outlets because prices go up crazy amounts.

This whole NFT thing has actually made me want to shut off my computer, stop programming, and start farming or something. Either all these people are idiots or I am. I can only make sense of it if I assume most of it is actual money laundering.

View on HN

Im literally with you on both your reason to leave tech and to go do farming. As a tip, permaculture is more sustainable than monoculture. Make sure to pick a good, warm environment to make your life easier. Dont name your chickens... makes it harder to kill them for harvest.

Haha thanks, as long as I’m not alone on the sentiment. And I appreciate the advice on permaculture — I just read Masanobu Fukuoka and would like to do more research on these methods. Also, I’m vegetarian and am not so sure I could even kill those unnamed chickens!

At the very least, dont underestimate the benefit of all nature chicken fertilizer (poo and compost processing). They make great passive tillers and pest control too. I fell in love with the idea of farming when I visited (often) my ex's parents farm. Saw a bunch of the permaculture/homesteading stuff in action long before it became "cool".

Absolutely, one of the features of Masanobu Fukuoka‘s farming method basically let the chickens wander the land and to provide fertilizer. I’d be down to keep them, just not eat them!

>“Bitcoin and Ethereum don’t have organizations behind them let alone marketing budgets, yet are used, owned, and loved by tens of millions of people.”

This is an extremely inaccurate statement by them, wow. I feel like if nothing else it's impossible to have anything to do with Ethereum without hearing about the Ethereum Foundation. The majority of projects built on top also have their own organizations. There's also most definitely marketing.

I even like the idea of NFTs and think there's a lot of cool things to be built on the blockchain, some of which already have working early versions. This, however, is clearly a puff piece by a16z that doesn't even try to present an accurate picture.

It's them shilling - propaganda.

Some of the new DeFi projects don't reveal the names of team members. The market is just that frothy that people buying the tokens don't care about the CEO.

It's just a symptom of the pandemic and upper-middle class people having too much money and time. Everything about decentralized, blockchain, token, are just made-up words like you see around stock analysis. They do not exist, people just want to gamble. It'll go away when everyone can go to bars again.

Reply on news.ycombinator.com