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1. Crypto is a pyramid scheme. I've been saying this since 2011. And it is very well proven by the flow of money over the past 12 years. 2. How is this a tange

• dang 3y ago
  Low-information putdowns are flamebait regardless of how right you are or feel you are. The article was about the specific current situation of Binance. You didn't respond to anything specific in the article. Changing the subject to the 50,000th repetition of the Generic Crypto Flamewar was not only a generic tangent but a perfect example thereof. Perhaps this might help: the point of HN threads isn't to be right, but to have curious, mutually interesting conversation. That's quite different from repeating the same things over and over, no? That's about as far from curious conversation as it's possible to get. If a conversation can be predicted, then it's not what we want here. There's another aspect too—predictable conversations, especially on divisive topics, inevitably turn nasty. My theory is that the mind resorts to indignation to amuse itself in the absence of new information (https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sort=byDate&type=comment&query=mind%20amuse%20by:dang https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor...). Whether that's true or not, we're definitely looking for conversations that organize around new information.