Maybe if you throw some more big words in, you will get your point across. Following this thread it is pretty evident that you don't have any evidence for your "all crypto is scam", and are pretty lost when asked for proof.

Calling me names is definitely not something that gets your point across. Pretty sure as we stand you have zero proff for your anti-crypto statements and are resorting to name calling. Definitely something frowned upon by HN.

If you want to say I have no proof that's fine, but I draw the line at sarcastic insults. So don't do that and I won't insult you back.

I haven't collected evidence for my point because I'm not trying to make a court case - I've observed that most people seem to use crypto as a speculative investment, buying coins just to sell them to somebody else who's doing the same. Have you seen otherwise? Like, I don't want to have this negative perception of the industry, I generally prefer to see positive outcomes from these things, but I haven't observed much positive being produced from the industry. Surely if you're a big fan of the industry, you can demonstrate something good about it?

OK then, I assert that Beacon Studios is a company to be avoided because the management is incompetent.

My evidence is that the founder is a hothead who wastes his time leaping into online flame wars with little understanding and no evidence.

Can't you understand that this mode of discussion is totally unproductive?

Why would you make a personal attack based on a discussion about an industry? I didn't think this was a flame war, more a discussion about the crypto industry - I'm not upset, I'm just bored because I'm stuck in hospital with little to do. This is a tech forum, so is it not the right place to discuss tech industries and opinions thereof? I'm not even in the minority in thinking the crypto industry is unproductive and largely centered around scams and greater fool schemes.

I'm not sure what your personal attack has to do with this discussion - I guess you could have that opinion if you wanted.

> I guess you could have that opinion if you wanted.

Yes, and that opinion of mine, WITHOUT USEFUL EVIDENCE, is worthless. It's no benefit to this community

That's exactly my point, this mode of discussion is totally unproductive. It's spam. It's just tribal ranting.

Sorry to hear you're in hospital. Hope you're feeling better soon

I guess that depends on the point of the community - to my understanding, the point is to discuss. Reasoned discussions are based on arguments and observations, not just evidence and citations. I don't even know what kind of evidence you can bring up for something of this scale - it's not like the are metastudies on where people allocate capital within the crypto market, and what the outcomes aside from wealth transfer. It's a more systemic thing.

I don't even understand how people can argue against this. Do you have the perception that most people are buying coins for reasons other than to sell them again for profit? The only types of studies I find are self-referential in that they report on market size.

The reason I discuss the subject at all is I'm hoping that one day somebody gives me the piece of information I'm missing that shows that the crypto industry isn't just everybody trying to get rich while burning tons of fossil fuels, that there are reasonably positive outcomes from it. So far I just get a lot of angry reactions and accusations of having no proof, despite this not being a court case. Like, show me something good that's been made because of crypto! It's the easiest argument in the world to win.