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Ask HN: What is the HN of Cryptocurrency?

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31–40 of 85 posts

Re: Ask HN: What is the HN of Cryptocurrency?

#31
You might have more success looking for a HN of cryptography, rather than cryptocurrency. That is, if you want an understanding of the mathematics and solid discussions about the technology. If you look for discussions on the economics/finance, well it's no surprise you're only going to find pump-and-dump schemes and scams and shilling and BS.

Re: Ask HN: What is the HN of Cryptocurrency?

#32
post #5

HN is extremely skeptical about everything , because being skeptical about unproven things is a pretty important part of being an engineer

HNers are often skeptical of all new unproven technology, but have a begrudging acceptance of established and proven technology. The thing with cryptocurrency is that it has now been around for over a decade, and not delivered on any of its ever evolving promises in that time. As a result, most knowledgeable and impartial observers would say it has fundamental flaws that it will prevent it from ever being able to do so.

Speaking personally, I know I was really interested in some of the Bitcoin technology in the early days, and super excited about the idea of a "world computer" that could never be shut down with Ethereum. But the more I dug into the technology, the more I realised the gap between what was promised and what was possible was pretty much insurmountable. However, the more time I spent in tech meetups etc. and understood the human nature angle to it, the more I realised that the gap wasn't actually important - most cryptocurrency people weren't particularly interested in delivering a genuine functioning new financial system (albeit one lacking the basic consumer protections of the existing financial system) they were just interested in convincing enough people that it was possible for long enough to get rich quickly.

Re: Ask HN: What is the HN of Cryptocurrency?

#34
post #21
post #3

Pretty much Twitter at this point for me. There's too much pessimism on HN when it comes to crypto. I appreciate criticism but Twitter has all the deep thinkers

Ah yes those 280 character tweets lend themselves extremely well to deep thought.

Quite a condemnation that HN can't beat 280 character tweets on this topic, eh?

Re: Ask HN: What is the HN of Cryptocurrency?

#36
post #5

HN is extremely skeptical about everything , because being skeptical about unproven things is a pretty important part of being an engineer

Sorry but no. While every community that portrays itself as “rational” would like to think that it is unbiased and skeptical toward everything, the same basic human social dynamics still apply. HN is aggressively anti-crypto to the point where I don’t even bother reading comments on related links. It’s become a Pavlovian 2 minutes hate, every. Single. Time.

I don't understand. How have you determined the anti crypto sentiment is due to pavlovian hate and not rational disagreement?

Re: Ask HN: What is the HN of Cryptocurrency?

#37
I'm not 100% clear if you're looking for a pro crypto currency community that has thoughtful technical discussions OR a community that is more focused about being skeptical of crypto currency. I don't know of anywhere good for the former but if it's skepticism - https://www.reddit.com/r/Buttcoin/ is the only place I know of that is focused on criticism and mocking of crypto currency and the related community.

Re: Ask HN: What is the HN of Cryptocurrency?

#38
post #5

HN is extremely skeptical about everything , because being skeptical about unproven things is a pretty important part of being an engineer

I always like to look back at the "Show HN: Dropbox" thread (https://news.ycombinator.com/item?id=8863) and look at the comments like "For a Linux user, you can already build such a system yourself quite trivially by getting an FTP account" :)

I think most engineers try to think more critically than the general population.

Re: Ask HN: What is the HN of Cryptocurrency?

#39

Earlier quoted context omitted.

Sorry but no. While every community that portrays itself as “rational” would like to think that it is unbiased and skeptical toward everything, the same basic human social dynamics still apply. HN is aggressively anti-crypto to the point where I don’t even bother reading comments on related links. It’s become a Pavlovian 2 minutes hate, every. Single. Time.

I don't understand. How have you determined the anti crypto sentiment is due to pavlovian hate and not rational disagreement?

Because literally every single topic is filled with puerile “Haha, Idiots!” comments immediately. Every single time.

Re: Ask HN: What is the HN of Cryptocurrency?

#40
post #38
post #5

HN is extremely skeptical about everything , because being skeptical about unproven things is a pretty important part of being an engineer

I always like to look back at the "Show HN: Dropbox" thread ( https://news.ycombinator.com/item?id=8863 ) and look at the comments like "For a Linux user, you can already build such a system yourself quite trivially by getting an FTP account" :) I think most engineers try to think more critically than the general population.

More likely that engineers are more likely to think that they are more critical than the general population and that basic human social facts somehow don’t apply to them.
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