Hacker News Reader

Presumably because the author feels that simply characterizing the anti-crypto position as bearish doesn't do justice to the animosity many people hold towards crypto. He's also not saying he is bullish on crypto currency, just that he doesn't think the frothing at the mouth hatred of it is justified.

View on HN

It is just incredibly weird to be pushing a financial instrument where you think the key problem is "people are being mean about it on the internet".

Which is to say, this is just a propaganda rhetoric strategy: the opposition don't have valid points, they're just crazed by their hatred. Don't try to understand what they're saying because they're crazy and can be ignored.

It's rhetoric that's as old as arguing on the internet c.f. "DEC didn't fail because the products were bad, it was the MARKETING".

Which is...not true. The fact that not enough people wanted DEC products might be a marketing issue, but more likely is that other companies made stuff that they wanted more.

It's like a last, desperate grab that's deployed when the argument has exhausted itself.

Reply on news.ycombinator.com