...of which will be forgotten when prices start rising again, mooning into ATH.
Web3 and crypto skepticism is growing and people are finally starting to listen
111–120 of 433 posts
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#112Is it they listen because the price is down? I find how much they listen highly correlates with crypto prices.
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#113I disagree with the article. > [...] as crypto becomes more mainstream and people experience its downsides, critics' warnings are starting to be heard. I'm not sure that public sentiment is actually being measured or is shown to be changing, or at least there's no evidence presented here. The biggest thing happening right now is the selloff, and I think that's happening due to the economic headwinds that face all ass…
> it's not doing any better Really? As of writing, the S&P500 is down ~10% from its all-time-high. Bitcoin is currently down over 50% of its ATH. Other cryptocurrencies are faring even worse. The stock market is doing significantly better. This is an oft frustrating topic in the world of cryptocurrency enthusiasm. The contemporary American banking and finance system is awful . It's worthy of a great many of criticism…
On the other hand, bitcoin can regain those 50% in a week. You buy it either now or at ATH, but it's okay, all hodlers buy at ATH.
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#114The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…
What’s a single idea in the crypto space that requires no centralized entity involved and can sustain indefinite price drops of the underlying cryptocurrency?
I find it amusing how most of the interesting things in crypto are centralized.
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#115The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…
I don't support robocall spammers, even if their tech stacks might contain interesting nuggets. At best your typical crypto project is just a planet-destroying unregulated casino, at worst it's criminal fraud. I don't care that it might contain cool tech. The same goes for e.g. ransomware. It might be innovative. It's still a huge blight on humanity.
Unfortunately, I kinda feel the same way. I'm a blockchain apologist for the most part, whenever I hear people complaining about how the blockchain is some kind of automated discrimination process I cringe a little bit and try my hardest to explain to them that the technology itself is neither good nor evil, just implemented pretty poorly. With that being said, I generally cannot stand cryptocurrency. I have yet to meet a single starry-eyed crypto fanatic who wasn't either woefully uninformed or completely jaded by their investment. I'm not sure if I'd go as far as calling it a "huge blight on humanity" (any more than I'd call Denmark a huge blight on humanity for existing and consuming electricity/food), but digital money is indeed a sucker's game these days.
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#116The evidence to support the claim is pretty weak, basically there's some more anti-crypto blogposts and documentaries out. I could easily make an article with the reverse claim and point out the pro-crypto blogposts and documentaries.
Sentiment in online chatter correlates with price movement. It becomes a feedback loop. Maybe the criticism is finally overwhelming people's risk functions.
My point is there's not even evidence to support online chatter turning negative. Any topic that is polarizing and growing in terms of chatter will produce more positive/negative blogposts and youtube videos. I could write this blogpost substituting in anti-vax sentiment for example pretty easily.
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#117The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…
No one's being forced, but it seems many people are being tricked. It's important to inject a considerable amount of skepticism into a conversation that is often dominated by proponents in it only to make money off of speculation.
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#118The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…
How would you like us to be constructive when discussing fraud, scams, and Ponzi schemes?
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#119The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…
"Nobody is forcing anyone to partake in this new technology" Plenty of its advocates very clearly WANT to force people to partake though. Anything to keep that number going up.
No they don't want to force anyone and there's no evidence of this. Just because there are a lot of evangelists doesn't mean anyone is forced to do anything
Re: Web3 and crypto skepticism is growing and people are finally starting to listen
#120The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…
"Nobody is forcing anyone to partake in this new technology" Plenty of its advocates very clearly WANT to force people to partake though. Anything to keep that number going up.
Not just advocates. Investors! a16z is practically building up a media agency around crypto because they've sunk such a heavy amount of capital into the space.