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What the Crypto Crowd Doesn’t Understand About Economics

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11–20 of 88 posts

Re: What the Crypto Crowd Doesn’t Understand About Economics

#11
post #2

Is there a workaround for this paywall?

I just spent a couple of minutes in dev tools deleting about 50 script, iframe and div tags that didn't contain the actual text. Then remove the "overflow:hidden" css style on the top div.

Utterly miserable waste of everyone's bandwidth. But that's media for you...

Re: What the Crypto Crowd Doesn’t Understand About Economics

#12
post #7

Given the somewhat clickbaity headline, this piece is straight to the point and surprisingly sober. I found this to be the central thesis: > If anything, crypto is more likely to hurt the currencies of countries that are doing very poorly, such as Venezuela. Fiat currency won’t just go away, so over the long run crypto could actually boost the value of the dollar by stifling the rise of potential competitors. ...and…

Anyone who thinks crypto prices will continue to rise forever is not 'the crypto crowd'. 'The crypto crowd' has seen bitcoin go up and down countless times.

The problem is, everyone seems to equate noobs getting suckered by Musk with the 'crypto crowd'. I feel bad for them, but it's like saying /r/wallstreetbets are 'investors'.

P.S. - And where do they keep getting this 'fiat is going away' bull from? I honestly don't know anyone in crypto that thinks this? Yes, I see crap on youtube pumping stuff like this - is that now what the bar is? "I saw it on youtube" ?

Re: What the Crypto Crowd Doesn’t Understand About Economics

#15
post #6
post #5

Earlier quoted context omitted.

Pay for a subscription. Good luck getting unbiased non-clickbait news when journalists only source of revenue is directly tied to advertisment in an article.

Paywalls with workarounds are the only type of paywalls allowed on HN. Asking for a workaround is an acceptable practice. https://hn.algolia.com/?query=paywalls%20by:dang&dateRange=a...

Featuring one of dang's most nuanced arguments

> Yes, this sucks, but the loss of many substantive articles would suck worse.

Yes, me using open-source code without the author's permission, license, or attribution sucks, but the loss of the software I make with it would "suck worse." So I'm using your code for free, you put it on the internet anyway silly!

Re: What the Crypto Crowd Doesn’t Understand About Economics

#16
post #2

Is there a workaround for this paywall?

I just spent a couple of minutes in dev tools deleting about 50 script, iframe and div tags that didn't contain the actual text. Then remove the "overflow:hidden" css style on the top div. Utterly miserable waste of everyone's bandwidth. But that's media for you...

[deleted]

Re: What the Crypto Crowd Doesn’t Understand About Economics

#17
post #12
post #7

Given the somewhat clickbaity headline, this piece is straight to the point and surprisingly sober. I found this to be the central thesis: > If anything, crypto is more likely to hurt the currencies of countries that are doing very poorly, such as Venezuela. Fiat currency won’t just go away, so over the long run crypto could actually boost the value of the dollar by stifling the rise of potential competitors. ...and…

Anyone who thinks crypto prices will continue to rise forever is not 'the crypto crowd'. 'The crypto crowd' has seen bitcoin go up and down countless times. The problem is, everyone seems to equate noobs getting suckered by Musk with the 'crypto crowd'. I feel bad for them, but it's like saying /r/wallstreetbets are 'investors'. P.S. - And where do they keep getting this 'fiat is going away' bull from? I honestly don…

>is that now what the bar is? "I saw it on youtube" ?

In todays society? Sadly, yes.

Re: What the Crypto Crowd Doesn’t Understand About Economics

#19

This is about cryptocurrency, NOT crypto. The article name, at least, should have "sic" to indicate that it's a copy of something which is incorrect.

Crypto has become a shorthand for cryptocurrency. Google "crypto" and see what comes up.

Re: What the Crypto Crowd Doesn’t Understand About Economics

#20

This is about cryptocurrency, NOT crypto. The article name, at least, should have "sic" to indicate that it's a copy of something which is incorrect.

You are fighting a war for good cause, but this war has already been lost. Crypto means crypto currencies at this point, whether you want it or not.
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