Plenty of bubbles take time to fully pop.

It can both be true that cryptocurrency is nifty and has real world applications, and is at also widely speculative currently.

I don't think people would have stopped posting for a few reasons:

1. There are currently useful applications. 2. It currently brings value to some people in one way or another. 3. If there are no killer apps, it's not obvious to a large swath of the population.

I try not to be one who invests too much into the wisdom of the crowd. I also try not to dismiss them either. We can be both clever and easily fooled.

>if it was actually true do you think people would have stopped posting about crypto in the past six years or so?

I think crypto posts continue to appear because the idea is sexy, but I also think the parent poster is correct: the realized applications are not.

Crypto captures the imagination, but it's a disappointment in practice.

Greed is perhaps one of the most powerful motivators known to man.

Probably because it largely acts as a proxy for survival mechanisms.

Give most people want they need and a little of what they want and you'll find most greed driven behaviors largely disappear except for a select few who I'd argue have dysfunctions or lack basic social maturity.

The Mouse Utopia study from the 1960's suggest otherwise.

https://www.smithsonianmag.com/smart-news/how-mouse-utopias-...

To prove the comment wrong you just have to provide a single example, but you can't do that so instead you're criticizing the complaint and saying it isn't novel (which is true, but irrelevant to its validity).

Nope, I'm criticizing the complaint because it's vapid, which it is.

Interesting concept I learned when I stopped drinking -- you aren't owed a rebuttal when your argument is stupid!

You still can't provide a single example, and playing games about how you don't need to rebut a vapid argument only makes this more obvious to everyone else.

Bro you already won the HN argument, you don't need to keep replying unless you want to hang out sometime. Just let me know

Anyone who knows about Ray Peat and Terry Davis is alright in my book, so my email is in my profile if you're ever in Utah.

HN loves bashing crypto because as tech nerds, we all knew about Bitcoin/Ether at their inception, but missed the boat. Now we all watch as our weird crypto friends get rich, and we have to bash Bitcoin, predicting its inevitable decline, so that we can feel better about our past decisions.

they stopped for the past 2 years until it went up again. similiar to people who won’t stop selling their herbalife shakes