There are two distinct pieces. One piece is the technology and white paper behind Bitcoin. Most engineers on HN think that is very impressive and a legitimate t

There are two distinct pieces. One piece is the technology and white paper behind Bitcoin. Most engineers on HN think that is very impressive and a legitimate technological achievement. The other piece is a reaction to the pro crypto crowd who are making claims about how amazing crypto is and why it is the future. Most of these people have a large financial interest in moving the price of various coins up. The use cases so far 10 years into this are buying drugs and ransomware and the price going up. Another example "Smart Contracts" are supposed to be this amazing technology for changing the world, but as you see here they have some significant downsides that the pro crypto people seem to either ignore or not understand. It isn't just HN folks who feel this way. One of the smartest and most accomplished AI engineers alive today had this to say. https://twitter.com/karpathy/status/1401267972044328961 https://twitter.com/karpathy/status/1401267972044328961