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> those that constantly critique cryptocurrency are often so wrong about their assumptions it's just pointless reading on People often criticize 'crypto' on th
by doktrin 9y ago
> those that constantly critique cryptocurrency are often so wrong about their assumptions it's just pointless reading on
People often criticize 'crypto' on the basis of technology, but are wrong about the market because the market is driven by psychology, and often disregards the tech.
Like, people might say "oh, so-and-so is vaporware because it's literally just a whitepaper and an empty github repo", and then people go "pfft, whatever you don't understand their vision" - and the value goes up 50x over two weeks.