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Of course this is the only kind of crypto-related article that bubbles up on HN. What happened to HN?

by delaaxe 5y ago

intev 5y ago
HN is/has been very bearish on crypto in general.
- Flatcircle 5y ago
  For good reason, the recent Weisenthal article in Bloomberg (https://www.bloomberg.com/news/articles/2021-06-07/bitcoin-btc-vs-ethereum-eth-and-defi-there-s-a-big-difference https://www.bloomberg.com/news/articles/2021-06-07/bitcoin-b...) did a good job of explaining some recent happenings in the crypto space. Lot of food for thought.
verdverm 5y ago
HN has always had healthy skepticism. What do you think happened to HN?
- abriosi 5y ago
  Nowadays, crypto discussions are mixture of politics and technology. Most of the unhealthy skepticism is due to the politics parts
  - verdverm 5y ago
    Most skepticism here comes from the point of view that the technology overcomplicates without providing commensurate ROI. The political part comes from blockchain ignoring basic social constructs and believing that they are ushering in some new glorious future. The constant portrayal of this is what turns off a bunch of people. But the root of it is that the technology is really only useful for finance. Trust breaks down at the transition point from real world to digital. Also, the only stuff which has meaningful usage has become centralized, thereby going against the ethos. There are expected social constructs from the greater society that blockchain will have a hard time meeting. Thus while being interesting from an academic standpoint, the vast majority seems like a pyramid scheme
    - abriosi 5y ago
      I understand where you are coming from. Personally I think blockchain, in its the current state actually does worse to the status quo, and its inevitable. I mean, the ones that control wealth, now have a technology that guarantees their wealth propagates into the future (law cannot confiscate your crypto). Anyway, that is what is already happening in society. From the point of view of the technology I think the BTC paper is brilliant. Specially the hashcash mechanism invented by Adam Back and what it tries to capture. I think jude-'s comments are awesome btw https://news.ycombinator.com/threads?id=jude- https://news.ycombinator.com/threads?id=jude-
AnimalMuppet 5y ago
It got inundated with people who keep asking "What happened to HN?"
geswit2x 5y ago
I think the HN community is very critical and skeptical in general. They're good at pointing out flaws and criticizing them, but that's the good reason we're all here. If you just want to hear flourishes you should go to crypto reddit or something.
hellow0rldz 5y ago
True, I think the HN moderators have an anti-crypto mandate. Which is odd considering Coinbase was a YC unicorn. Besides AirBNB how many unicorns did YC finance throughout the years?
- verdverm 5y ago
  Quite a few brand names https://www.ycombinator.com/topcompanies https://www.ycombinator.com/topcompanies It's the community frowning upon crypto. The moderators are largely hands off.
tedunangst 5y ago
What are some good recent crypto articles that HN has overlooked?

Of course this is the only kind of crypto-related article that bubbles up on HN. What happened to HN?

intev 5y ago

HN is/has been very bearish on crypto in general.

Flatcircle 5y ago
For good reason, the recent Weisenthal article in Bloomberg (https://www.bloomberg.com/news/articles/2021-06-07/bitcoin-btc-vs-ethereum-eth-and-defi-there-s-a-big-difference https://www.bloomberg.com/news/articles/2021-06-07/bitcoin-b...) did a good job of explaining some recent happenings in the crypto space. Lot of food for thought.

verdverm 5y ago

HN has always had healthy skepticism. What do you think happened to HN?

abriosi 5y ago
Nowadays, crypto discussions are mixture of politics and technology. Most of the unhealthy skepticism is due to the politics parts
- verdverm 5y ago
  Most skepticism here comes from the point of view that the technology overcomplicates without providing commensurate ROI. The political part comes from blockchain ignoring basic social constructs and believing that they are ushering in some new glorious future. The constant portrayal of this is what turns off a bunch of people. But the root of it is that the technology is really only useful for finance. Trust breaks down at the transition point from real world to digital. Also, the only stuff which has meaningful usage has become centralized, thereby going against the ethos. There are expected social constructs from the greater society that blockchain will have a hard time meeting. Thus while being interesting from an academic standpoint, the vast majority seems like a pyramid scheme
  - abriosi 5y ago
    I understand where you are coming from. Personally I think blockchain, in its the current state actually does worse to the status quo, and its inevitable. I mean, the ones that control wealth, now have a technology that guarantees their wealth propagates into the future (law cannot confiscate your crypto). Anyway, that is what is already happening in society. From the point of view of the technology I think the BTC paper is brilliant. Specially the hashcash mechanism invented by Adam Back and what it tries to capture. I think jude-'s comments are awesome btw https://news.ycombinator.com/threads?id=jude- https://news.ycombinator.com/threads?id=jude-

AnimalMuppet 5y ago

It got inundated with people who keep asking "What happened to HN?"

geswit2x 5y ago

I think the HN community is very critical and skeptical in general. They're good at pointing out flaws and criticizing them, but that's the good reason we're all here. If you just want to hear flourishes you should go to crypto reddit or something.

hellow0rldz 5y ago

True, I think the HN moderators have an anti-crypto mandate. Which is odd considering Coinbase was a YC unicorn. Besides AirBNB how many unicorns did YC finance throughout the years?

verdverm 5y ago
Quite a few brand names https://www.ycombinator.com/topcompanies https://www.ycombinator.com/topcompanies It's the community frowning upon crypto. The moderators are largely hands off.

tedunangst 5y ago

What are some good recent crypto articles that HN has overlooked?