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Spoken like someone talking about immigration who knows only what they've seen on Fox News. You're so unbelievably short sighted about a tech innovation. There

Spoken like someone talking about immigration who knows only what they've seen on Fox News. You're so unbelievably short sighted about a tech innovation. There's more to crypto than bitcoin & greed is an unsolvable issue in humanity, not a crypto bug,

baby 5y ago
I agree with this comment. The FUD on HN about crypto and fraud is disappointing to say the least. Impossible to have a good technical discussion around cryptocurrencies because of that. I’m going to start flagging these.
- rantwasp 5y ago
  it’s not impossible. just harder. also, remember that hn has a bit of an echo chamber effect. I’ve been downvoted over time for expressing unpopular opinions that turn out to be mostly true. i don’t care. i’m here with an open minded and will listen to the other side arguments. X is dangerous and must be stopped is not an argument. You need to articulate why it’s dangerous and exactly what you mean when you say that and when you say it must be stopped. also, crypto is not going anywhere. If you cannot see that maybe you should start looking into it a bit deeper
- deleted 5y ago
  [deleted]
- Daishiman 5y ago
  In sorry but I don't really see any crypto advocates talking about the tech at all. It's always at some undetermined point in the future, always products that solve problems created by crypto, and never anything consumer based or meant to actually reduce friction to make it a usable product for banking. Crypto advocates' ideas of problems in the financial system have no mapping to the issues that people working in real fintech and its consumers identify.
  - baby 5y ago
    It’s out there. Up to you to read the stuff and ask questions.
kgraves 5y ago
> Spoken like someone talking about immigration who knows only what they've seen on Fox News. What sort of character attack is this? Answer the main point. > You're so unbelievably short sighted about a tech innovation. Am I? Or is the current stage of Bitcoin and Ethereum not fit for mass adoption, Exchanges crashing all the time when the prices rise. Ridiculous fees for swapping these tokens. Chia, a supposedly energy efficient alternative to bitcoin, destroying SSD's with their very own way (Proof of Time and Space) NFTs, which are burning the environment and definitely not energy efficient. And why are we celebrating VCs getting involved in every new private token sale? You know how this ends. This has happened before with the coins mentioned in this article [0] and more recently Internet Computer [1] which the price fell 75% since launching. Does this really need to go on? > There's more to crypto than bitcoin & greed is an unsolvable issue in humanity, not a crypto bug. So you're admitting there is absolutely no point to crypto then, why do you think crypto will solve anything existing fiat money can't. Discuss. [0] https://bennettftomlin.com/2021/06/12/why-i-have-zero-faith-in-crypto-venture-capitalists/ https://bennettftomlin.com/2021/06/12/why-i-have-zero-faith-... [1] https://www.coinbase.com/price/internet-computer https://www.coinbase.com/price/internet-computer
dang 5y ago
Personal attacks will get you banned here, regardless of how wrong someone else is or you feel they are. No more of this, please. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html

baby 5y ago

I agree with this comment. The FUD on HN about crypto and fraud is disappointing to say the least. Impossible to have a good technical discussion around cryptocurrencies because of that. I’m going to start flagging these.

rantwasp 5y ago
it’s not impossible. just harder. also, remember that hn has a bit of an echo chamber effect. I’ve been downvoted over time for expressing unpopular opinions that turn out to be mostly true. i don’t care. i’m here with an open minded and will listen to the other side arguments. X is dangerous and must be stopped is not an argument. You need to articulate why it’s dangerous and exactly what you mean when you say that and when you say it must be stopped. also, crypto is not going anywhere. If you cannot see that maybe you should start looking into it a bit deeper
deleted 5y ago
[deleted]
Daishiman 5y ago
In sorry but I don't really see any crypto advocates talking about the tech at all. It's always at some undetermined point in the future, always products that solve problems created by crypto, and never anything consumer based or meant to actually reduce friction to make it a usable product for banking. Crypto advocates' ideas of problems in the financial system have no mapping to the issues that people working in real fintech and its consumers identify.
- baby 5y ago
  It’s out there. Up to you to read the stuff and ask questions.

kgraves 5y ago

> Spoken like someone talking about immigration who knows only what they've seen on Fox News. What sort of character attack is this? Answer the main point. > You're so unbelievably short sighted about a tech innovation. Am I? Or is the current stage of Bitcoin and Ethereum not fit for mass adoption, Exchanges crashing all the time when the prices rise. Ridiculous fees for swapping these tokens. Chia, a supposedly energy efficient alternative to bitcoin, destroying SSD's with their very own way (Proof of Time and Space) NFTs, which are burning the environment and definitely not energy efficient. And why are we celebrating VCs getting involved in every new private token sale? You know how this ends. This has happened before with the coins mentioned in this article [0] and more recently Internet Computer [1] which the price fell 75% since launching. Does this really need to go on? > There's more to crypto than bitcoin & greed is an unsolvable issue in humanity, not a crypto bug. So you're admitting there is absolutely no point to crypto then, why do you think crypto will solve anything existing fiat money can't. Discuss. [0] https://bennettftomlin.com/2021/06/12/why-i-have-zero-faith-in-crypto-venture-capitalists/ https://bennettftomlin.com/2021/06/12/why-i-have-zero-faith-... [1] https://www.coinbase.com/price/internet-computer https://www.coinbase.com/price/internet-computer

dang 5y ago

Personal attacks will get you banned here, regardless of how wrong someone else is or you feel they are. No more of this, please. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html