I am all fine for anyone to disagree with cryptocurrency projects and the idea of putting everything on-chain or a social network fully on-chain is also a bad idea which I also think that makes no sense. But the extreme idea of banning all of them or thinking all these projects will survive or using a false generalization towards all cryptocurrencies if one of them has an inefficiency in its consensus mechanism, then this is where I disagree with that.
It's interesting to see on a site that calls itself 'Hacker News' where the whole point is being curious about upcoming startup projects or technologies.
Theranos turned out to be a scam with many investors losing their money, does that mean all startups are scams? No. So given that many companies like Stripe, MoneyGram, Namecheap, etc have re-entered into cryptocurrencies, perhaps they are also aware that some of the ones they have chosen to use have a use case?
For somebody with such an unhealthy obsession with consensus based trust, you're certainly disturbed by the consensus on Hacker News that cryptocurrencies are a scam, and the widespread and uniform distrust of people who shill them.
What's so bad about consensus and trust, again?
Is the only kind of consensus you trust the kind of consensus that's arrived at by burning tons of coal?
It's interesting to see on a site that calls itself 'Hacker News' where the whole point is being curious about upcoming startup projects or technologies.
Theranos turned out to be a scam with many investors losing their money, does that mean all startups are scams? No. So given that many companies like Stripe, MoneyGram, Namecheap, etc have re-entered into cryptocurrencies, perhaps they are also aware that some of the ones they have chosen to use have a use case?