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You'd think programmable money would interest this crowd. But they get blinded by how scammers use it, rather than looking at the tech itself. I wouldn't both
by ChrisClark 4y ago
You'd think programmable money would interest this crowd. But they get blinded by how scammers use it, rather than looking at the tech itself.
I wouldn't bother trying to explain anything, they aren't interested. I'll probably get replies asking for a valid use case, but it's all been explained to them before and they just plug their ears and cry about it instead.
- RileyJames 4y agoAbsolutely. The HN that hates crypto would have shutdown email due to romance scams. But they love the value of their startup(s) && SF housing when the speculation on assets benefits them directly. Programmable money is here to stay. Just like email.
- yellowapple 4y ago> But they love the value of their startup(s) && SF housing when the speculation on assets benefits them directly. This is the crux of it. The average HNer either already is a beneficiary of the legacy financial system (i.e. wealth derived from investor-provided capital, be it through investment rounds or a "successful exit") or aspires to be one. They're coming from a place of privilege - and decentralized finance threatens that privilege.