> Pretty sure you’re reading your own biases into this
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” -Upton Sinclair
> Where did anyone mention climate-destroying proof-of-work? Last I checked, only Bitcoin uses that amount of energy — every other decentralized system does not.
All shitcoin uses inordinate amounts of energy and resources to do wasteful calculations to prove a thing. Bitcoin chews through massive amounts of power. Ethereum chews through GPUs and lowers expected lifetimes. CHIA chews through SSDs in weeks of massive amounts of writes. Even running IPFS client chews through CPU/RAM/network like there's no tomorrow. Filecoin is 10x worse.
> Shitcoin is a term bitcoiners use for every other coin so your own diatribe is incoherent.
I include all of them. But how quaint that you invalidate me as some round-about defense of your own shitcoin.
> Most people on HN are techbros
Most != all. Some of us are actual socialists. You know, "know thy enemy" and all that.
> Blockchains are not the most efficient distributed systems architecture. But if you think you can do better, please do it!
Its already been made. Its called Hawala ( https://en.wikipedia.org/wiki/Hawala ). And its an easy way to send money across areas and even currency changes. And its based on reputation, not some silly climate-destroying math, so you shitcoiners cant make money pre-mining the chain before opening it up to the public.
Again, thats really the problem with all this decentralized "currency". Its a terrible merge between money transmitter and money printer. And you posit "But if you think you can do better, please do it!"... and you refuse the counter-question of 'Do we even need this?'
> For instance, I am. I think we can do better than BlockChain. That’s why I designed InterCloud, and putting together a team to build it.
I repeat: “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” -Upton Sinclair
Basically, I'm saying this for others who read this now, and not for you. This is a tacit admittance that you cannot look at other perspectives in this realm, and must see your path as the "only and true path", because otherwise you would be rejecting your own idea and business plan. (And I know very few who can dispassionately look at their own passions.)
> I care about open and free technologies. Dat/Hypercore. IPFS. Maidsafe/Safenet. Matrix. Nostr. Literally none of them fit anything you’re bitching about....In every case, people like you prefer bitching while the frog is being boiled, and actively spreading FUD about any open, free, permissionless alternatives. You’d do better by doing nothing, getting out of the way and let innovation happen. You seem to have no solution.
And in every case, the whole network is actually run by a quorum on the backend. The breathless claims of "decentralized" arent even defensible. And the other scam here is that all these with shitcoins attached have been heavily pre-mined to "pay the upfront investment cost". But again, with you being a shitcoin founder, you're well aware how this grift works.
I used to run the blockchain meetup here locally. Some of my contributions are still used by a lot of folks. But after a hard deep dive into dozens of blockchain systems, the only real benefit is to the ransomware industry. Well, that, and a whole bunch more decomissioned power plants being spun back up for shitcoin of various types. https://www.theguardian.com/technology/2022/feb/18/bitcoin-m...
But again, I know what I'm arguing against. And frankly, you're wrong and deluded that anti-government hyper-capitalism money is the way to accomplish this. It aint.