Hacker News Reader

I think you may have misread the GP. I think the point may have been that the US dollar was the "something more resilient".

View on HN

if GP is referring to me, I wasn't making that point, I was mostly thinking about how ideation in the crypto space rapidly evolves because people are willing to try, all levels of the stack improve, consumers and investors rapidly become more discerning. lifecycles that are decades long in other markets play out in months or weeks in the crypto space.

No, "GP" referred to the grandparent of my post, which was aaronbrethorst.

You read my comment accurately.

What has evolved? Smart contracts? Algorithm over people? Decentralized? NFTs? These things don’t hold water when situations like Ethereum reverse their major hack by forking and having everyone follow along goes against the ethos of crypto. One could argue it’s closer to centralized than decentralized because of the fork, the founder having so much control and influence, going to PoS.

It’s hard for me to see how any levels of the stack have improved, and 100% am sure consumers and investors have become less discerning, not more over crypto’s near 15 year history.

Reply on news.ycombinator.com