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I'm mostly pro-blockchain but I understand the HN stance because every crappy idea has its pumpers who will defy logic and reason and they infest everywhere tha
by Rule35 6y ago
I'm mostly pro-blockchain but I understand the HN stance because every crappy idea has its pumpers who will defy logic and reason and they infest everywhere that doesn't delete them. It's asymmetrical, they make millions by pumping crap and you lose by either reading it or having to take the time to delete it.
Until the legit blockchain space can call out scams (from Iota to Tether) the entire thing is rightly tainted.
That said, you can generally get a good discussion of a type of tech (ie, NFTs for concert tickets) if you avoid the branded implementations (that are always trying to sell some crappy token for use with the idea.)
- rorykoehler 6y agoWhy is Iota a scam?
- wmf 6y agoThe technology (ternary) is crackpot and it's centralized. Their plan to decentralize is both technically flawed and unrealistic because they aren't competent enough to execute it.