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Well, they're here. I think the general consensus on HN is not favorable to DeFi or other crypto projects. The bad smell from innumerable ponzi schemes and outr
by mimixco 5y ago
Well, they're here. I think the general consensus on HN is not favorable to DeFi or other crypto projects. The bad smell from innumerable ponzi schemes and outright technical falsehoods is a real turn-off to the crowd that stalks these halls.
- normac2 5y agoYour post comes off as snooty but I think it would go a long way if you just replaced "educated" with "better informed." "Better informed" is just another way of phrasing the thesis of your post, that HN readers tend to not like crypto projects and they're rational/correct. "Educated" vaguely implies formal education and has more of a judgmental quality. [Edit: mimixco edited his post and it's better now although still a strong claim :) .]
- mimixco 5y agoThank you. That's what I meant. Would that there were some formal education available on crypto (it's sparse and the tooling is terrible) and we'd have fewer scams and schemes to worry about.
- anonuser123456 5y agoI held this perspective until very recently. Listening to Charles Hoskinson on Lex Friedman's podcast changed my mind somewhat. There do seem to be some projects that are interesting from a technology and society standpoint. But it is clear the vast majority of crypto is just get-rich-quick Ponzi-esque.
- mimixco 5y agoDefinitely. That's what makes it hard. The entire internet was like this at first (and may be regressing to that state!). I think Satoshi's original use case is one that's viable and has proven to be viable. Another is in blockchain verification of narrative text without access to the text itself, something I built into a programming language for fact verification[0]. [0] http://nebula.mimix.io/msl/specs/ref/hash http://nebula.mimix.io/msl/specs/ref/hash