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Friendster isn't currently the largest social network. The point is that people associate the biggest product of the category with the category itself. Like web

• rglullis 4y ago
  Ether market cap alone is about 50% of Bitcoin's (~230 vs ~470 billion USD). Look at Coingecko's list of ERC20 tokens, all of the top 60 tokens have a market cap above $1 billion. You can go ahead and remove Tether if you want, there is still another ~$100B there. Bitcoin is not so dominant as the maxis would like to believe. It won't take much for Ethereum (as an ecosystem) to catch up, and when it does the flippening will come fast.
• woojoo666 4y ago
  Android has a far larger market share than iOS. And yet people still voice their dislike of Android without dismissing smartphones in general.
• saurik 4y ago
  the problem though is that the argument is unhelpful and disingenuous at that point: people--apparently including yourself--argue against "crypto" painting a broad brush because of how a handful of projects work. Are you against the concept of chat applications as a whole due to the privacy issues of the dominating players? If so, that would suck, as there are certainly projects in the space of chat that don't exhibit those properties. But when you just go around yelling "crypto is bad because X" when X isn't really a property of crypto you might emotionally feel justified but hopefully you know that intellectually you are holding back progress with FUD.
• codehalo 4y ago
  One would expect that association at a sports bar, not on hacker news.