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Comment by blairbeckwith | Hacker News Reader

Crypto has done absolutely nothing to warrant anything beyond the most cursory dismissal.

This is simply objectively inaccurate, and reflects very poorly on the speaker's levels of bias when such false claims are parroted.

It's fine to not like cryptocurrency, but don't lie about it.

Ransomware would not exist without cryptocurrency: it was a major innovation (that subsequently enabled tons of new use cases, many of them criminal, some of them not).

There’s something about this comment that’s tongue in cheek, and something that’s earnest, and I cannot decipher it

Reminds me of this tweet[0]:

>Sick of people calling everything in crypto a Ponzi scheme. Some crypto projects are pump and dump schemes, while others are pyramid schemes. Others are just standard issue fraud. Others are just middlemen skimming of the top. Stop glossing over the diversity in the industry.

[0] https://twitter.com/patdennis/status/1518637225789042688

Darknet markets, political dissident funding, the money laundering via mining trick, etc.. All pretty big innovations even if you don't like them

With that attitude, nothing ever would. I'm glad VC exists. Without people taking long odds, our world would be much poorer.

People don’t owe crypto a ‘good attitude’. The only justifiable attitude toward it is a healthy scepticism until it proves to be anything more than a glorified pump and dump scheme. So far, it hasn’t cleared that bar in over a decade of trying.

It's an ISP. They provide internet service and bill people for it.

Bitcoin is used by people in unstable countries.

How’s that going?

https://amp.theguardian.com/technology/2022/nov/15/china-el-...

Embarrassing to post nonsense like this in 2023.

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