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Follow the Crypto

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61–70 of 118 posts

Re: Follow the Crypto

#61

This is the first time I've come into a crypto thread on HN and the pro-crypto people seem to outnumber the anti-crypto people. Is there a vibe shift happening on HN?

People who hold cryptocurrency have a significant financial incentive to talk it up: their investment is valued solely on social perception.

Everyone else is generally tired of hearing about it in the second decade of not delivering the marketing promises.

Re: Follow the Crypto

#62

Earlier quoted context omitted.

Depends on your worldview doesn’t it? For me, having a transaction system that isn’t controlled by either my own government or corporate America is useful. If it’s not useful to you then you don’t have to use it.

This! It's unbelievable how underrated this whole view is especially in a place like HN where I'd expect more liberal people. Even this property of crypto alone is a single reason to support it, let alone all the other tech that can be built on top of it.

anarchism doesn't maximize peoples freedom

Re: Follow the Crypto

#64
Everytime I see this kind of discussion I remember that there are companies not breaking the law whose only way of surviving is bitcoin, because the big two payment circuits (visa and mastercard) have decided in concert, to not process their payments. Gab and Parler come to mind.

Re: Follow the Crypto

#66

Everytime I see this kind of discussion I remember that there are companies not breaking the law whose only way of surviving is bitcoin, because the big two payment circuits (visa and mastercard) have decided in concert, to not process their payments. Gab and Parler come to mind.

Those are certainly two ... examples.

Re: Follow the Crypto

#67

Everytime I see this kind of discussion I remember that there are companies not breaking the law whose only way of surviving is bitcoin, because the big two payment circuits (visa and mastercard) have decided in concert, to not process their payments. Gab and Parler come to mind.

Those are certainly two ... examples.

"Free speech is for the speech you hate, not for the speech you like"

Re: Follow the Crypto

#68

This is the first time I've come into a crypto thread on HN and the pro-crypto people seem to outnumber the anti-crypto people. Is there a vibe shift happening on HN?

Never determine there’s a “vibe shift” based on one HN story. It’s equally likely that some folks got riled up on social media and decided to comment on this story.

Re: Follow the Crypto

#69

Earlier quoted context omitted.

Where is the "crusade"? This just shows political donations. Is the FEC engaging in a "crusade" by publishing details on PACs? There are constantly HN commenters on a crusade to extol and defend the alleged virtues of various "crypto" projects. We could accuse these folks of having a "bias against government-backed currency". Perhaps HN has a bias _for_ true stories of fraud, corruption and crime rather than a bias _…

Perhaps. HN also has stories of random software libraries and deep discussions of those. Whenever a mismanaged business in other sectors is discussed its only about that business, not the entire sector that business operates in. Whenever a devastating hack occurs directly on an end user, its a discussion of the browser and tools that can be improved to thwart it. Crypto sector has many libraries that power it too wit…

> HN also has stories of random software libraries and deep discussions of those. Whenever a mismanaged business in other sectors is discussed its only about that business, not the entire sector that business operates in.

The major difference seems to be that there doesn’t seem to be anything in the entire crypto industry that isn’t fraud or crime. And a lot of vague promises that typically turn out to be just more fraud in a year or two. It’s not prejudice if it’s true.

Re: Follow the Crypto

#70

Earlier quoted context omitted.

Those are certainly two ... examples.

"Free speech is for the speech you hate, not for the speech you like"

Free speech as in speech protected by the 1st amendment? That's very specifically meant to curtail the government's powers, not the powers of merchants who decline to do business with others.

You could make a pretty strong argument that overly stringent regulations that result in sex workers, etc., being unable to process payments are a violation of that, but I'm not aware of why Visa/Mastercard don't support Gab & Parler. If it's that, you have a point. Otherwise, not really.

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