| Of course people around here are salty. The majority of HN users are people who are working hard trying to do useful work, while in cryptocurrency there are a bunch of people getting rich off scams or just HODLing a token. What makes it worse is that these people who just got lucky think they're changing the world and are a part of some kind of movement. Some are evangelical and almost self-righteous about it. Some sound like cult members. Just admit you won the lotto and stop perpetuating obvious nonsense. The thing I find most obnoxious is the sector of the Bitcoin cult that talks about how they're going to destroy the useless legacy financial industry... when what they are doing by getting rich off a value-less token is everything they hate about financial capitalism distilled into its purest form. Bitcoin is a reductio ad absurdum of financial capitalism, not a revolt against it. If it actually "took over" it would invert all financial incentives so that simply holding deflationary tokens became the safest path to profit, disincentivizing investment in any kind of productive work. Financial capitalism and Wall St. get a lot of hate around here too for the exact same reason. Edit: everything I hate about Bitcoin I also hate about much of conventional financial capitalism... but I don't hear very many Wall St. tycoons pretending they're changing the world or creating some kind of utopia. Many of them will flat out admit that they're purely mercenary. It's more honest. |