Hacker News Reader

Comment by Mrdarknezz | Hacker News Reader

I'm not sure when it happened but all of suddenly the discussion on anything related to blockchain became very black and white. Anyone that tries to nuance the topic gets immediately called out as favouring this or that.

View on HN

Well there is a whole lucrative industry hyping the shit out of it, and the rest of us who can for the life of us understand how this is useful.

Yeah there sure seems to be alot of scams. But the idea that it would dismiss everything related to the blockchain seems like taking it a step too far in the other direction? I'm no expert but I get extreme flashback of the era when PHP was considered radioactive garbage and any attempts of nuance was struck down

Well you have to ignore the total absolutism and extreme rhetoric that is taken from either direction: Those "who totally support it" and think that all crypto projects and its technology will take over the banks, institutions and payment processors and those "who are totally against" it and think it will 100% collapse, go away and the technology won't be used by anyone.

I'm afraid that both of them are setting themselves up to being disappointed.

It’s hard to ignore the absolutist echoes, because the extremes are rewarded so much: The hype train will airdrop you some NFTs, and the haters will upvote one another because being a conservative skeptic is so authoritative.

Yeah like every other technology it will either ultimately prove its worth or fade into obscurity like everything else. I just don't see the point with these extreme viewpoints.

Reply on news.ycombinator.com