HN has its own groupthink. For crypto it's that it's all coal powered shiba shitcoins. There was likely a similar group of people bitching in 1999. The dotcom

HN has its own groupthink. For crypto it's that it's all coal powered shiba shitcoins. There was likely a similar group of people bitching in 1999. The dotcom bubble did happen, and yet dot coms also happened. The point is that to see the upside, you need to evaluate what new capabilities the tech offers, whether they're interesting, and who is doing the real work (if it exists).