[wslh]

I just edited my comment and removed that part. As an active HN community member I shared my feelings here but never said that all the HN community was anti crypto. I said "mainly" because I see a shift to the anti crypto camp. I can obviously be wrong but it is based on my cognitive device reading thousands of messages for years.

[calibas]

I think I speak for more than just myself when I say that blockchain has enormous potential and cryptocurrencies have already proven themselves to be a viable technology.

The problem is more the social and economic aspects of cryptocurrencies. The community is filled with scammers, get rich quick schemes, and self-appointed blockchain experts who have no idea what a Merkle tree is. All these people who see cryptocurrencies as this profitable investment creates a roller coaster market that undermines their usefulness as an actual currency. What you want in a currency is stability, you don't want to suddenly not be able to afford rent because the market collapsed over the last week.