It's cute that you call your own response "factual"
"Any decade now we will have PoS"
Almost every blockchain already is. Ether will move to PoS within the coming 2 years. They must, as competition is fierce and may become irrelevant if they don't. Bitcoin will never move to PoS. So, "any decade"...what does it factually refer to?
Your remark on use cases is equally primitive. There's a few hundred million people using crypto. You can say that the existing use cases aren't for you, but that's not factual. Facts are that user growth is exponential.
Singling out ransomware is equally lazy. A recent study showed that the portion of criminal activity in the crypto space is lower compared to cash. Yet you'd never comment on cash being a criminal invention, would you? Yet you're the "intellectually honest" one.
> "Any decade now we will have PoS" Almost every blockchain already is.
You know that's not relevant. Nobody cares about the number of blockchains having one or another attribute. I could create and launch a billion new ones, and it doesn't matter.
> Ether will move to PoS within the coming 2 years.
I truly hope so. I'll believe it when I see it.
> There's a few hundred million people using crypto.
Estimate I found is one, not a few. But that could be wrong.
But yeah. I know of several people who tried, some successfully, to get paid in bitcoin. They didn't want to pay taxes.
Everyone wants everyone else to pay their fair share. You can't point to someone saying "Well I don't want to pay my fair share" as a contradiction, because that's a completely different statement.
Everyone wants only sober people on the street, but come on, it's me and I only had three beers and it's like a 10min drive.
> Singling out ransomware is equally lazy.
Lazy because it's not hard. "Pointing out murder is wrong, is lazy". Uh… so what?
> A recent study showed that the portion of criminal activity in the crypto space is lower compared to cash.
Speculation is by far the biggest, yes. Studies have shown that much or most of that speculation is market manipulation, too.
> Yet you'd never comment on cash being a criminal invention, would you?
I didn't say that about blockchain either. I said it's a scam generator. Cryptocurrencies are more like the scam of being paid in company credits in the company store, if you want to make comparisons to cash. It's not a great comparison, of course, because your whole question assumes that "cryptocurrencies are just like cash" which they are very much not.
Partly because what I already said. But partly... well I don't think you're interested in hearing anything anything, so what's the point?
If you've gotten this far, and are this invested, then you'd need to get over the cognitive dissonance of that, and a HN comment won't help.
> Ether will move to PoS within the coming 2 years.
Did you mean to agree with the poster? Because you just perfectly proved how even ether has kicked the can down the road to avoid upsetting the apple cart.
I was responding to the hyperbole of calling it "the next decade". It's an extreme exaggeration, just like it's an extreme exaggeration to say that crypto's only use case is ransomware.
> I was responding to the hyperbole of calling it "the next decade". It's an extreme exaggeration,
I really hope you're right. History says otherwise. And I don't think it'll happen (not really), because the people who need to move are the same people who are financially invested in mining.
It's not hyperbole. It's been delayed for enough years that "any decade now" is actually fair.
> just like it's an extreme exaggeration to say that crypto's only use case is ransomware.
Well, other crime against your fellow man, too. And speculation.
At no point did I say "this is a lie".
You can disagree with my factual rebuttal of the response, but you are also factually incorrect that I was doing some sort of shitposting.