> HN almost seems Luddite in it's treatment of the underlying technology HN dislikes the never ending and unsubstantiated breathless hype surrounding cryptocur

> HN almost seems Luddite in it's treatment of the underlying technology HN dislikes the never ending and unsubstantiated breathless hype surrounding cryptocurrency, this is painfully obvious if you actually engage genuinely instead of pretending that everyone is an idiot because they don't fawn over what has amounted to a novel and interesting but mostly useless technology. > No wireless. Less space than a nomad. Lame. Using hindsight to cherry-pick historical examples of when naysayers were wrong is obviously terribly flawed logic yet it is a routinely common defense among cryptocurrency enthusiasts. It should be obvious to any engineer that this proves nothing and I personally take this reasoning as a sign that you might be arguing in bad faith. > Ethereum is providing a base layer protocol for apps that never go down, never fail, and are fully trusted. A base layer for apps that nobody cares about. Give one example of a useful Ethereum app. I define "useful" as a product or service that has demonstrated market success but is cheaper or somehow improved through cryptocurrency. I don't count it as useful if its a niche use-case that is impractical or has no market demand (e.g. avoiding taxes). Also, the idea that these systems never fail is laughably absurd as they have failed to the tune of multiple millions of dollars at this point (i.e. badly written code that failed to do what it claimed, resulting in funds being stolen). > You wouldn't look at the internet in the early 90s and say it was useless because all it does is carry short messages This absurd comparison of cryptocurrency to the early internet has been so thoroughly debunked that it barely merits a response. Please stop saying this. > In a few years the layer 1 protocols will be good enough for something useful Only in cryptocurrency software land is "in a few more years it might be useful" a defensible explanation of why cryptocurrency is the greatest innovation since the internet. Why can't you wait till its actually useful before broadcasting your condescendingly cliche cryptocurrency judgements regarding how HN is full of Luddites who are incapable of understanding technology? I'm sure cryptocurrency is just so complex and so new that todays engineers are just too dumb to understand it, it takes a special breed of elite hacker to fully grok the amazing potential of this new technology, Luddite software engineers be damned.