3 ms·

He became a believer because he's now part of the funnel, and it's in his interest to continue promoting it to new users. Full stop.

fsflover 5y ago
He became a believer before becoming a part of it.
- horsawlarway 5y ago
  > I then decided to venture into crypto with money I could completely lose and not worry about, and it really helped my understanding further. Did he? Did he really? As someone who has genuinely used bitcoin for one of the (VERY few) use cases where it's actually useful - buying drugs on a dark market. I don't buy it. You can find a lot more detail on my position here: https://news.ycombinator.com/item?id=29331167 https://news.ycombinator.com/item?id=29331167 I'm not going to type it all out again.
  - icu 5y ago
    OP here. Yes, I had to send "money" to China, for a service rendered in the US, while I am physically in London. It was a totally legitimate transaction and had nothing to do with anything dark market or drug related. Thanks for the link to your discussion, I will read it, but please don't throw out criminal accusations in HN.
    - horsawlarway 5y ago
      > please don't throw out criminal accusations in HN. Pointing out that you have a very clear conflict of interest here, and that you should be taken with many grains of salt, is not a criminal accusation. If you think I'm claiming you use dark markets, please go read my comment again. I'm very clearly not... ( and I hope you had better reading comprehension on the crypto materials! :P )
icu 5y ago
OP here. Please refer to the study resources I posted above and please go through them. Yes there is a lot of FUD, FOMO and scammers... but I encourage you to think about cognitive biases and take the time to assess crypto through the lens of a new technology.
- horsawlarway 5y ago
  > but I encourage you to think about cognitive biases and take the time to assess crypto through the lens of a new technology. So question - if you're so convinced in the technology, why do you need to advocate for me to understand and change my position? If this is clearly a home run, what do you care whether I believe? Or whether the other viewers of this comment thread believe? If this is a ponzi scheme, then your comment makes PERFECT sense. They rely on a fresh supply of new believers.
  - icu 5y ago
    Honestly it's in the spirit of discussion and idea exchange that I post on HN. Karma points aren't really worth anything except a proxy for my contribution to the discussion and community. As for encouraging you study it, it's really because I didn't myself, and I wished I did, that's all. Take it or leave it, either way you have my best wishes moving forward!

fsflover 5y ago

He became a believer before becoming a part of it.

horsawlarway 5y ago
> I then decided to venture into crypto with money I could completely lose and not worry about, and it really helped my understanding further. Did he? Did he really? As someone who has genuinely used bitcoin for one of the (VERY few) use cases where it's actually useful - buying drugs on a dark market. I don't buy it. You can find a lot more detail on my position here: https://news.ycombinator.com/item?id=29331167 https://news.ycombinator.com/item?id=29331167 I'm not going to type it all out again.
- icu 5y ago
  OP here. Yes, I had to send "money" to China, for a service rendered in the US, while I am physically in London. It was a totally legitimate transaction and had nothing to do with anything dark market or drug related. Thanks for the link to your discussion, I will read it, but please don't throw out criminal accusations in HN.
  - horsawlarway 5y ago
    > please don't throw out criminal accusations in HN. Pointing out that you have a very clear conflict of interest here, and that you should be taken with many grains of salt, is not a criminal accusation. If you think I'm claiming you use dark markets, please go read my comment again. I'm very clearly not... ( and I hope you had better reading comprehension on the crypto materials! :P )

icu 5y ago

OP here. Please refer to the study resources I posted above and please go through them. Yes there is a lot of FUD, FOMO and scammers... but I encourage you to think about cognitive biases and take the time to assess crypto through the lens of a new technology.

horsawlarway 5y ago
> but I encourage you to think about cognitive biases and take the time to assess crypto through the lens of a new technology. So question - if you're so convinced in the technology, why do you need to advocate for me to understand and change my position? If this is clearly a home run, what do you care whether I believe? Or whether the other viewers of this comment thread believe? If this is a ponzi scheme, then your comment makes PERFECT sense. They rely on a fresh supply of new believers.
- icu 5y ago
  Honestly it's in the spirit of discussion and idea exchange that I post on HN. Karma points aren't really worth anything except a proxy for my contribution to the discussion and community. As for encouraging you study it, it's really because I didn't myself, and I wished I did, that's all. Take it or leave it, either way you have my best wishes moving forward!