Why does anyone care what commentors on HN think?

Why not read the actual Twitter thread and see if the argument has merit? Or engage the summary that the GP brought into the thread instead of pretending the only relevant point in play is the authority of Palmer?

And finally, why not acknowledge that maybe someone who created a coin that took off might have some worthwhile insight?

I did read it. Not super impressed, but glad he has the freedom to say what he wants.

Yes, crypto is being manipulated and distorted by the wealthy and powerful. It's sad to see. But it's still beneficial to the average person to have other options outside of the current system.

Because it supports their bias that crypto is nothing but scams and has no utility

Yeah, and Mr. Palmer evidently has his own political axe to grind. Good for him. Glad he can say what he wants.