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So you generally find commenters here to be smart and knowledgeable about tech topics, but you feel that crypto is the exception...

Is it also possible that you're just wrong about crypto?

Most of the people I know who are very enthusiastic about it also deeply misunderstand the technology and also some basic economics (e.g. deflationary vs. inflationary assets).

I think HN users get angry because the crypto space is a neverending parade of people getting tricked by pump-and-dump, wealthy elites, etc.

Recently, a friend was gushing about Dfinity and telling me I'm basically stupid for not seeing the promise of it... and now we find out it was a scam and the technology is just tokenized, centralized AWS.

When this happens often enough, it can be upsetting. It feels like being a doctor having to talk to antivaxxers over and over again.




I usually discern rational approach by the merit of the argument not because "someone wrote it on HN". If there is no argument but instead just blanket statements and negative remarks then I can somewhat safely assume that some thought process must've failed that person at some point - or at least I can gain no direct insight from it. I'm not really a crypto evangelist nor anyone involved in it technically (at the moment) but I do know enough to at least somewhat understand the scope of the Idea - which is enough to never dismiss the whole thing based on some perceived flaw of some implementation. It's slightly possible though, that HN commenters aren't approaching the topic of crypto significantly differently than other ones - but instead I just notice irrational comments more in relation to this subject - perhaps even because I know enough to recognize them easily. But it's very unlikely, even if true, that this would explain the whole thing away.


Just because your friend misunderstood and jumped on a bandwagon doesn't mean that they're wrong. They have the right idea. Even non-technical people understand that cryptocurrency can solve real problems. However, not all implementations will be executed properly. Any new technology will have more failures than successes, and nobody can say which ones will come out on top until after hindsight. It's risky, it's business.




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