Re:Bitcoin is a Ponzi
by imsd on Thursday October 07, 2021 @12:13AM
(#28781787)
I love HN but have watched for years as much in the community have completely missed the boat on crypto and blockchain. It's a strange disconnect...
[ Parent
| on HN ]
A lot of people on HN seem to have 'strong opinions strongly held' about things.
Re:Bitcoin is a Ponzi
by Karrot_Kream on Thursday October 07, 2021 @12:17AM
(#28781818)
Shrug whether or not they've missed the boat or are sanguine on the future of crypto and it's all a house-of-cards filled with hucksters doesn't matter. I just don't see why we need to beat this on the head over and over and over and over again, despite no new news. The anti-greenwashing is the one that really gets my blood boiling because of what a large distraction it is to real climate change issues.
This whole thing is just bringing the level of discourse here down, and I've been on HN for a long time.
"missed the boat" somewhat implies that blockchain technology is already being used for anything except the backing for pump-and-dump schemes and the punchline for jokes.
Unless you mean specifically "missed the opportunity to make lots of money", in which case sure, that's absolutely accurate, but if I wanted to gamble I'd just go to a casino.
Re:Bitcoin is a Ponzi
by TigeriusKirk on Thursday October 07, 2021 @12:20AM
(#28781853)
And no one is going to change their mind at this point. People have far too much ego invested in their opinions of crypto now.
I'm in favor of a blanket ban on crypto discussion here. It's all noise at this point.