Vacuum tubes gave way to the silicon transistor, which immediately moved the idea of "personal computing" from a complete impossibility to something that was a pipedream that was technically possible to do. From there things like the Apple II made paths to make personal computing actually usable and affordable. The iteration cycle continues, drives demand for new things to do, which drives demand for the internet. Eventually we arrive at the iPhone where I can now have a low-latency, high definition, video call for (basically) free with anyone in the world. Try explaining that vision to someone in the 90's who has a pager, pays for long distance, and buys stamps and they'll tell you it's impossible or a pipedream.
The crypto/web3 industry is just finding its feet with some new tools in the proverbial toolbox (distributed consensus and smart contracts). There's a lot of people building on it and iterating every day, but in the same way that the IETF were unsung heros of bringing everyone Youtube, there are a lot of folks hard at work at making things usable and practical for mass adoption. Mass adoption just comes last.
But some people are willing to pay 10^9 the cost for certain guarantees. Good for them too, that such options now exist. Why the irrational hate?
> This is great, but I don't need it at 10^9 times the cost.
Like I said, good for you. You don't need it at 10^9 the cost. Some others do. Why hate that a solution exists for those who do?
Because from where I am it looks more like it exists for charlatans and scammers to draw more people in and exploit them. Also, why do cryptocurrency fanatics so frequently accuse anyone critical of them as being hateful?
Yes, "charlatans and scammers" are definitely part of the demographic that would benefit from crypto. But you're really going to ignore every other use case I've mentioned?
From where some people stand, it looks more like Tor exists for pedophiles to draw other pedophiles in. They're not wrong, but they're also not acknowledging the full picture of what Tor and privacy in general enables.
> Also, why do cryptocurrency fanatics so frequently accuse anyone critical of them as being hateful?
Because the critics, as you can see over and over again in this very thread, are being completely dismissive to the actual use cases and benefits that crypto brings. Never acknowledging the minority of people for whom it actually brings real value to (granted, they've become a minority now that there's a lot of speculative dumb money in the market), never acknowledging the points that are being made, and also calling crypto advocates MLM schemers who just want to draw more people in to make money off of them.
It's one thing if the critics take a look at it and say "Oh that's not really for me" or "Oh I don't know if censorship resistance is an attractive enough incentive for people to keep running Ethereum nodes long-term." Then we could really have a conversation. But they don't say it like that. They say everything with disdain and a sneer. So I respond in kind.
What would you call that other than "hate"? If you kept criticizing something your friend likes despite them telling you all the reasons they like it, and you only ever saying how much it sucks and how nobody should like it, doesn't it make sense for them to ask you "Dude, why do you hate it so much? What do you have against it?"
>Why the irrational hate?
you’re coming off as too mean and I think you’d do well to avoid that tone.
This is imo the best case scenario with web3. Which would mean that most of the current "value" is a bubble.
Imagine if a single red apple costed about $100M, yet it had rather unique qualities such as indisputable, provable lack of contamination. That's the kind of cost difference we're talking about here.