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To be fair, everytime there's a thread on HN about a crypto scam/fraud/run etc, there are a ton of comments that read that there isn't enough regulation and the

To be fair, everytime there's a thread on HN about a crypto scam/fraud/run etc, there are a ton of comments that read that there isn't enough regulation and the crypto world is learning the lessons learned in the past 100 years or so in the finance/banking world. Now there's news of some regulation in the crypto world and people don't like it either.

philipov 4y ago
How is it any surprise that different people don't agree on this?
- tommit 4y ago
  Do you really think the person you responded to made the claim that it was the same person flip-flopping their opinion? Obviously it's no surprise. Nonetheless, what OP was getting at is that there is a clear trend on HN to semi-blindly hate everything crypto related, no matter the narrative (regulation good vs regulation bad). At least that's how I took it. Crypto (for lack of a better word to lump everything together) is probably not the answer to the world's problems, but it's not as incredibly dumb of an idea as your average HN thread makes it out to be.
  - DonHopkins 4y ago
    He explicitly said "people don't like it either", meaning the same people flip-flopping, not "other people don't like it". You're making unwarranted and derogatory assumptions and mistakes about people's reasons for opposing cryptography. Do you claim that Bruce Schneier semi-blindly hates everything crypto related? He certainly believes and says cryptocurrencies are an incredibly dumb and useless idea, and he's extremely well qualified and respected in the field, and a lot of people on HN read what he writes, agree with him, and base their opinions on the facts and experience and wisdom he and other trustworthy experts write about, instead of getting their information from crypto shills with fraudulent financial agendas. Is that what you mean by "semi-blindly"? Your assumption that everyone on HN who opposes crypto is doing it semi-blindly is quite rude and insulting, and you simply don't know where they got their beliefs, in spite of your completely blind and false claims to somehow know other people's motivations and sources of information. What are your qualifications that make you know so much more about crypto than Bruce Schneier, and give you such deep insight into why everyone on HN holds their beliefs and where they get their information about crypto? Schneier on Security: On the Dangers of Cryptocurrencies and the Uselessness of Blockchain https://www.schneier.com/blog/archives/2022/06/on-the-dangers-of-cryptocurrencies-and-the-uselessness-of-blockchain.html https://www.schneier.com/blog/archives/2022/06/on-the-danger...
bena 4y ago
Crypto space feels a lot like anarchist space. Both are incredibly naive. They think there's this magic that will allow them to do whatever they want while being protected from others taking advantage of them. "You can't tell me I can't run a farm to table restaurant in my own home." AND "You have to make Bob refund me for giving me food poisoning at his farm to table restaurant run out of his home."
- roflyear 4y ago
  It is nativity. I know someone who constantly talks about the environment and also is a big crypto supporter and even runs a mini g setup! What hypocrisy!
wiseowise 4y ago
How is being regulated wastes less energy?
joecot 4y ago
Those arguments are from different groups of people. I'm in the camp of wanting crypto to have way more regulation. I would also like us to not hasten a climate crisis by turning on coal power plants to mine crypto that is useless.
deleted 4y ago
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philipov 4y ago

How is it any surprise that different people don't agree on this?

tommit 4y ago
Do you really think the person you responded to made the claim that it was the same person flip-flopping their opinion? Obviously it's no surprise. Nonetheless, what OP was getting at is that there is a clear trend on HN to semi-blindly hate everything crypto related, no matter the narrative (regulation good vs regulation bad). At least that's how I took it. Crypto (for lack of a better word to lump everything together) is probably not the answer to the world's problems, but it's not as incredibly dumb of an idea as your average HN thread makes it out to be.
- DonHopkins 4y ago
  He explicitly said "people don't like it either", meaning the same people flip-flopping, not "other people don't like it". You're making unwarranted and derogatory assumptions and mistakes about people's reasons for opposing cryptography. Do you claim that Bruce Schneier semi-blindly hates everything crypto related? He certainly believes and says cryptocurrencies are an incredibly dumb and useless idea, and he's extremely well qualified and respected in the field, and a lot of people on HN read what he writes, agree with him, and base their opinions on the facts and experience and wisdom he and other trustworthy experts write about, instead of getting their information from crypto shills with fraudulent financial agendas. Is that what you mean by "semi-blindly"? Your assumption that everyone on HN who opposes crypto is doing it semi-blindly is quite rude and insulting, and you simply don't know where they got their beliefs, in spite of your completely blind and false claims to somehow know other people's motivations and sources of information. What are your qualifications that make you know so much more about crypto than Bruce Schneier, and give you such deep insight into why everyone on HN holds their beliefs and where they get their information about crypto? Schneier on Security: On the Dangers of Cryptocurrencies and the Uselessness of Blockchain https://www.schneier.com/blog/archives/2022/06/on-the-dangers-of-cryptocurrencies-and-the-uselessness-of-blockchain.html https://www.schneier.com/blog/archives/2022/06/on-the-danger...

bena 4y ago

Crypto space feels a lot like anarchist space. Both are incredibly naive. They think there's this magic that will allow them to do whatever they want while being protected from others taking advantage of them. "You can't tell me I can't run a farm to table restaurant in my own home." AND "You have to make Bob refund me for giving me food poisoning at his farm to table restaurant run out of his home."

roflyear 4y ago
It is nativity. I know someone who constantly talks about the environment and also is a big crypto supporter and even runs a mini g setup! What hypocrisy!

wiseowise 4y ago

How is being regulated wastes less energy?

joecot 4y ago

Those arguments are from different groups of people. I'm in the camp of wanting crypto to have way more regulation. I would also like us to not hasten a climate crisis by turning on coal power plants to mine crypto that is useless.

deleted 4y ago

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