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Comment by olalonde | Hacker News Reader

I think you can largely find your answer here: https://news.ycombinator.com/item?id=31356857

tl;dr: frustration towards people in the cryptocurrency scene, feeling they've gained wealth through luck rather than skill or hard work. Also a disdain for how some cryptocurrencies are overzealously promoted.

It was the top comment of a 640 comments thread, so it presumably had a lot of up votes and is representative of how HN feels about cryptocurrency.

Unfortunately, the low quality discussion on crypto related threads dates back a long time and some of us just got tired of always correcting the same misinformation and low effort criticism.

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Thanks for pointing that out. Clearly, the only people who hold anti-crypto views are just jealous and spiteful people. There totally doesn't exist any group of people who are just sick and tired of people propping up an almost totally useless technology as the savior of all financial, political, and social woes. /s

Please, point out one single application of blockchain that is useful and more efficient, beneficially transparent, and faster than a different implementation that doesn't utilize blockchain. Being somebody who is a big fan of blockchain yourself, surely this should be a very straightforward thing to point out.

See above (and below) for the kind of low level effort comments you can find in most cryptocurrency threads.

See above for the typical coiner response to anybody who brings up counterpoints. I mention that people might not like how crypto is posited as a miracle-drug to all world issues- low effort. You add a comment which doesn't address my comment at all and just comes across like a wannabe reddit zinger- not low effort? The irony is palpable. Just go back to /r/bitcoin or whichever echo chamber you prefer.

> tired of people propping up an almost totally useless technology as the savior of all financial, political, and social woes

If that's how you feel then you're not going to like startup culture in general. Every second SaaS founder thinks that they're changing the world with the launch of their crappy CRM #3432.

While I actually found your comment pretty funny, and do certainly find it tiring how people pretend as if some cookie cutter SaaS start up will change the world (personally made me think of the very first episode of Silicon Valley on HBO), I honestly don't think there's a parallel between people being overzealous and/or naive in thinking some basic productivity app will change the world and the subset of the cryptocurrency fans who honestly present blockchain as a solution to just about every problem that exists around the world.

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