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Comment by ThorsBane | Hacker News Reader

Nvidia should stick with what they know - producing AI hardware and AI pipelines. This is how Intel got disrupted - by trying too much beyond what they were fundamentally innovating in. There are many useful applications in cryptocurrency tech. We are only at the beginning stages of R&D in this space.

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I don't know how anyone can say "we're still early" or "we are only at the beginning stages of R&D in this space" considering crypto is 14 years old and has had marquee VC and other investment to the tune of tens/hundreds of billions of dollars for at least half a decade.

Cryptocurrency generation mechanics are 14 years old. Run-time and application deployables on top are not 14 years old. This is a brand new space and it's still in its infancy. Ethereum is an amazing technology.

Moving the goal posts a little but sure.

Ethereum is eight years old. The Ethereum foundation alone has a billion dollars. Ethereum and the related ecosystem has had tens of billions of dollars thrown into it. I don’t know how that can be described as “infancy”.

The web was opened by CERN in 1993. By 2001 it was being used by over 500 million people daily. Please look at an eth block explorer and tell me how many people are using it daily.

I’ll spoil it for you: in terms of the five billion people on the internet, essentially no one.

How long is the crypto community going to excuse the complete adoption failure, horrendous and unacceptable behavior, etc with “it’s still early”? Please point to another technology with tens of billions of dollars of investment and almost a decade of development described as being in infancy.

I swear we’ll be here in another decade hearing the same thing.

If there's anything the crypto community needs to do - stop pumping, shilling, sticking your head in the sand in fantasy land, step out of your echo chamber, and take a good hard look to figure out why no one is using whatever you're building.

Maybe then, and only then, will these applications ever step out of complete obscurity.

I can assure you that incredible software is being built and deployed. It's just a matter of time. Go ahead and come back to this post in a year and see.

Facebook acquired Oculus 9 years ago, spent billions yet active users are similiar to crypto probably. So another tech like you said exist and Crytpo is being used for meaningful things too. But you are just too ignorant to even learn about it, sadly. There many like you here.

Well don't get me started on VR either (FOV, FPS, motion sickness, limited applications, etc). FYI billions on a proprietary commercial product from one vendor isn't even in the same universe as an order of magnitude more investment across an entire diverse ecosystem. What's your point here?

Too ignorant to learn about it? I built and ran a 25kW Ethereum mining operation with 200 Nvidia Pascal GPUs in 2017. I've been running my own nodes and writing and deploying smart contracts since then. I have every wallet you can think of. I own ENS names. I developed a solution[0] to index and search every NFT (260m representing 100tb of data) across multiple chains (from my own self-hosted geth/bor/heimdall/Solana nodes all the way to custom ERC parsers). I've been to multiple dev and industry conferences. I've had multiple high level meetings with just about everyone in the space from Alchemy, Consensys, and Coinbase to blue chip crypto VC firms like Multicoin Capital, Sequoia, and A16z for my various crypto projects.

I could go on and on. I'd argue there aren't many people out there that have my knowledge and experience this wide and deep across the ecosystem. Please do tell - what experience do you have?

But yes, keep dismissing me out of hand by calling me ignorant and providing nothing factual to support your narrative.

[0] - https://fnftf.io/

I have done a lot of those things too. And still do them. Check it out again in a year. Many apps are being written and will be deployed.

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