I don't know if it's jealousy but it really feels like a disdain for plebs. Cryptocurrencies gives access to stock-like exchanges and financial tools to plebs and that's something that should be reserved to coastal elites. You can also see it in how hard they pushed for ICOs being regulated by SEC, getting a chance to get rich by investing in early ventures is for billionaire VCs only, not plebs!

Also, many coastal elites missed the crypto boat and therefore would rather treat it as a scam they were right to ignore rather than admit their mistake even when mainstream financial institutions invest billions in it. They will deny it to the end.

Yeah, HN ironically has a deep hate for any Crypto. Quite frankly a lot of HN probs missed out/dismissed BTC earlier years and now it just continues to trend up whilst the best money managers in the world/companies are adding it to their portfolio...the denial is real.

https://youtu.be/_L3gNaAVjQ4?t=8307

Describes HN comments and attitude towards next level/pushing boundaries tech.

Enjoy the sidelines.