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Incredible.

> There is of course the most obvious horrifically misguided recently-popular "decentralized" system, whose name shall not be spoken in this essay. Instead let's back up to something older and better understood: markets.

My reading was the author was referring here to cryptocurrencies and you read the article, claim it's profound, and then spruik an ERC-20 token.

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I was like "This cannot be the top comment on HN". It is. Sigh.

I usually agree with you, regarding top posts on HN.

Usually I wonder how it is that uninteresting first-order effects dominate.

This is a chance for us all to consider something perhaps more profound.

The project was funded through an ICO a couple years ago; these will be exchangeable for the in-system HoloFuel cryptocurrency, when the project goes live.

Of course, the project isn’t associated with Ethereum in any way.

Look, I'm a fan of this, and thanks for sharing - hadn't heard of this project until today.

However claiming it's not associated with ethereum in any way, really? There's mention of an erc-20 token on the home page. Come on, man.

You know how ICOs are used to fund non-Ethereum projects, right?

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