I would like to read a more thorough and thoughtful analysis of this perspective.
Am I indeed inside the bubble of a giant pyramid scheme? If so, what does that say about me and my judgement?
On the flip side, what if all this blockchain/Bitcoin/web3 stuff is the next big thing? Does it mean HN has passed its prime and innovative people at the cutting edge move elsewhere? I wonder what someone like Brian Armstrong from Coinbase would say, being in both worlds.
The OP article itself is banal, it reads like a high school book report. How is this at the top of the ranks?
From "Hacker News: Welcome" [0]: "HN is an experiment. As a rule, a community site that becomes popular will decline in quality. Our hypothesis is that this is not inevitable—that by making a conscious effort to resist decline, we can keep it from happening."