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HN can be strangley luddite about new technology actually. It's the same with self driving cars - there's a large, vocal crowd on this website who are highly cr

by davedx 3y ago

HN can be strangley luddite about new technology actually. It's the same with self driving cars - there's a large, vocal crowd on this website who are highly critical of it. And god forbid you put a touchscreen in their car... I think crypto is failed experiment but there are plenty of new technologies that are way more interesting than the latest React competitor or UI framework that tend to get the most positive attention from the HN crowd. Shallow, risk-free innovation is where it's at.

tokai 3y ago
Crypto is not new technology. If it was a dog it would be a senior by now.
CryptoNoNo 3y ago
There is real criticism about crypto. The massive CO2 production is real. There is a company in NYC who restarted a gas power plant for crypto...
- neglesaks 3y ago
  The same criticisms can be leveraged at the major fiat currencies; the US dollar hegemony is basically built around an assumed easy access to hydrocarbon energy (ref the long-term US partnership with Saudi Arabia), and has apparently dictated the US foreign policy on multiple occasions, fx. Operation Desert Shield-Desert Storm to protect Saudi Arabia in 1990 and later liberate Kuwait after Saddam torched the Kuwaiti oil fields. Putting the worlds biggest military into operation a quarter of a globe away isn't exactly energy or GHG-cheap.
  - CryptoNoNo 3y ago
    It's not. Our current fiat system is a highly tuned PoS system with a ton of mechanism in place like you said. Us military, printing technology, money laundering, international agreements etc. Bitcoin and crypto is not solving any of those things in real life for real people. Bitcoin already fails hard at simple but critical tasks like getting your money back when you loose your key. And as soon as you want to exchange anything in the real world you need the real world PoS system anyway like contracts or a law system.
happymellon 3y ago
> god forbid you put a touchscreen in their car... Isn't that mostly because the implementation has, for the most part, been terrible at best or dangerous at worst?

by davedx 3y ago

tokai 3y ago

Crypto is not new technology. If it was a dog it would be a senior by now.

CryptoNoNo 3y ago

There is real criticism about crypto. The massive CO2 production is real. There is a company in NYC who restarted a gas power plant for crypto...

neglesaks 3y ago
The same criticisms can be leveraged at the major fiat currencies; the US dollar hegemony is basically built around an assumed easy access to hydrocarbon energy (ref the long-term US partnership with Saudi Arabia), and has apparently dictated the US foreign policy on multiple occasions, fx. Operation Desert Shield-Desert Storm to protect Saudi Arabia in 1990 and later liberate Kuwait after Saddam torched the Kuwaiti oil fields. Putting the worlds biggest military into operation a quarter of a globe away isn't exactly energy or GHG-cheap.
- CryptoNoNo 3y ago
  It's not. Our current fiat system is a highly tuned PoS system with a ton of mechanism in place like you said. Us military, printing technology, money laundering, international agreements etc. Bitcoin and crypto is not solving any of those things in real life for real people. Bitcoin already fails hard at simple but critical tasks like getting your money back when you loose your key. And as soon as you want to exchange anything in the real world you need the real world PoS system anyway like contracts or a law system.

happymellon 3y ago

> god forbid you put a touchscreen in their car... Isn't that mostly because the implementation has, for the most part, been terrible at best or dangerous at worst?