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<< At this point "crypto" isn't what it started out as, or wanted to be. But the harsh reality is that it's likely irrevocably tainted, and any attempt to reboo

<< At this point "crypto" isn't what it started out as, or wanted to be. But the harsh reality is that it's likely irrevocably tainted, and any attempt to reboot would have to still contend with the above points. This is by far the most accurate and level-headed take I saw on HN regarding crypto. I am not completely sold on the remaining points, but it is hard for me to refute them ( and I do not have a way to see how things evolve from this point in time ). In short, I think I agree with you.

lordfrito 4y ago
It's a win when I agree with anyone these days! I love the discussion here, people are smart, relatively civil, and have a lot of value to add to conversations. One of the few spaces I still learn anything significant from experts in their subjects. Much wisdom here. And hey whether or not it's right it's still food for thought. Predicting the future is impossible. As I've gotten older I see the same meta-patterns played out again and again, so I try to look for those indicators. I get paid for it, so at least I'm not super terrible at it. The similarities between what happened to Freenet and what is happening in crypto space are pretty profound. The common denominator is that building extra-governmental spaces just attracts criminals who have no where else to go. The worse the crime, the more attractive the extra-governmental space. The rest of us are not forced to go there, and those that do usually come home with their tail between their legs. It's a brutal space. There's a reason we have governments, the alternative is just terrible.
- A4ET8a8uTh0 4y ago
  It is the still best place on the net bar some invite only groups and like you, I learned a lot from conversations here ( for all my gripes, moderation does strive to keep it that way; saying that as a person, who did get mild admonition from Dang over some posts ). I am going to look into freenet history now based on your recommendation.

lordfrito 4y ago

It's a win when I agree with anyone these days! I love the discussion here, people are smart, relatively civil, and have a lot of value to add to conversations. One of the few spaces I still learn anything significant from experts in their subjects. Much wisdom here. And hey whether or not it's right it's still food for thought. Predicting the future is impossible. As I've gotten older I see the same meta-patterns played out again and again, so I try to look for those indicators. I get paid for it, so at least I'm not super terrible at it. The similarities between what happened to Freenet and what is happening in crypto space are pretty profound. The common denominator is that building extra-governmental spaces just attracts criminals who have no where else to go. The worse the crime, the more attractive the extra-governmental space. The rest of us are not forced to go there, and those that do usually come home with their tail between their legs. It's a brutal space. There's a reason we have governments, the alternative is just terrible.

A4ET8a8uTh0 4y ago
It is the still best place on the net bar some invite only groups and like you, I learned a lot from conversations here ( for all my gripes, moderation does strive to keep it that way; saying that as a person, who did get mild admonition from Dang over some posts ). I am going to look into freenet history now based on your recommendation.