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A thing I've noticed about cryptocurrency news. The people that are pro cryptocurrency are often far too optimistic and sometimes are not the most academic peop
by mancerayder 9y ago
A thing I've noticed about cryptocurrency news. The people that are pro cryptocurrency are often far too optimistic and sometimes are not the most academic people. However I've also noticed that those that constantly critique cryptocurrency are often so wrong about their assumptions it's just pointless reading on. It's so hard to actually get a reasonable discussion about cryptocurrency.
It might be because of the intersection of different disciplines. For example, a math genius won't necessarily understand law, politics and/or economic policy.
The others probably won't understand math.
A marketing / CEO type might understand the business angle.
Don't even get me started with 'journalists' who have to report on any of these areas. It's hard.
There's some sort of Peter Principle effect where people from the various fields present themselves (perhaps sometimes accidentally) as experts in the other areas. Sorry, but knowing advanced cryptographic algorithms doesn't give you the authority such that I'm going to believe your predictions about law or politics. If you're an MBA/marketing type, hearing you talk about asymmetric encryption sometimes leads me to cringe.
Meanwhile, the people who actually COMMENT on cryptocurrency news are the worst. They range from "there's nobody home in the head" types that type in all-caps comments that look more like wishes about 'the moon', or perhaps some attack against the FED and money-printing that they repeat; to baby boomers who scream about tulips and that you can't touch the digital assets.
It's a disaster of information overload. The best you can do is observe, place your bets (if you're the betting type) and watch passively.