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Comment by MegaButts | Hacker News Reader

> I'm no Cardano shill...but

If you have to say you're not a shill, it's probably not working in your favor. You sound defensive. For what it's worth I don't think you're a shill but I think you're naive about cryptocurrency.

And if it's not worth $44 billion today then you're an idiot to buy at that price, because why not wait until the price is right? And if the price is just going to go up then clearly it is worth that today. This isn't even unique to crypto this is just investing 101. Why would you ever overpay for something if your goal is to make money?

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Hah, fair enough. I just see a lot of closed-mindedness when it comes to discussions around blockchain tech on HN specifically, and it's hard to advocate for more nuanced discussion without sounding like I have an agenda.

Yeah it's probably overpriced and not a smart idea to buy. I'm not saying it isn't.

I've seen highest rated comments where people are ragging on cryptocurrency and some on blockchain tech itself. I usually skip these because I think blockchain is interesting. I see it as a secure highly replicated database.

Cardano has a lot going for it from my time looking at it (3 months now). I'm going to keep paying attention to it.

That said, I hope it succeeds in staying cheap to write transactions unlike the other projects in order for poorer countries to be able to take advantage. And hope it is successful convincing African and Asian governments/institutions in keeping important things like education credentials and property deeds onto its chain given the lack of documentation and authenticity in a lot of these places.

Lots of cryptocurrency speculation going on, but I can ignore that and be interested in where Cardano is going with regards to improving lives in countries where they are essentially neglected.

Why would they use a blockchain rather than a certificate authority?

If you are really asking this, you failed to understand the fundamental concept of DLTs.

Why would they use DLT for exchange of (promised) value rather than using banks?

Why would they use DLT for token issuance rather than the monetary policy of the fed?

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