I suspect HN chatter adamantly against decentralized governance and value storage experiments are often by intelligent people that are simply too distracted by

I suspect HN chatter adamantly against decentralized governance and value storage experiments are often by intelligent people that are simply too distracted by the loud voices of greed and hype to take an objective look at the quiet yet major technological innovations happening that will change the world forever just like the internet did. The early 90s internet was pretty rough too and also had a lot of annoying hype and greed that made a lot of people swear it off instead of looking closer at what it could become over time. Some 90s engineers managed to look past the short term hype and greed problems of the early interent to see the true innovations and think long term. They did very well. The Bitcoin whitepaper started a chain reaction of demand that produced better human friendly backups for private keys like BIP39, cheap general purpose personal hardware security modules like Ledger and Trezor, better privacy with innovations like zero knowledge proofs, greener datacenters and computational effeciency improvements to reduce energy waste, and massive improvements in quorum computing patterns so no one malicious sysadmin can manipulate societially critical network services. Visa, Mastercard, virtually every bank, supply chain companies, governments, general sysadmin teams at companies everywhere, etc, etc, have huge think thanks harvesting and incorporating technology from decentralized value storage and governance experiments that spun out of Bitcoin. The entire field of mathematics and cryptography has gotten a massive cash injection as a result of these too. Ask anyone that works in the cryptography departments at Universities like Stanford. Sure, traders and people who hype things without understanding the fundamentals are annoying. They annoy me too, but I look at this from my role as a security researcher. Crypto-assets have seemingly overnight generated massive demand for security technology that can reduce theft and scams online. As a result those invested in crypto-asset technology are often light years ahead in security from your typical SaaS company in other industries. Crypto-asset holders and those against them all have a common interest in a safer internet. We would all do well to learn to find common ground instead of taking unproductive stances against major technological advancements just because the early stage versions of them are a bit rough.