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by jagger27 1638 days ago
It's because of the non-stop barrage of bullshit projects that don't solve actual problems besides "I wish I bought Bitcoin at $100 so here's my attempt to recreate that magic".

TFA makes a solid argument about the limited problem space where blockchain tech is useful.

> Or is it just because it's complex and takes a lot of effort to understand?

Look, I see that you're deep into the ecosystem and you're excited about it. The core ideas of blockchain are not that complex. It's the human factors surrounding all of it that make it so fucking tiresome thread after thread.

1 comments

"It's the human factors surrounding all of it that make it so fucking tiresome thread after thread."

But that is also what makes it so interesting. Nobody forces people to use and assign value to Bitcoin. It all happens only because people want it. No government mandates, nothing.

Very similar energy to homeopathy/chiropracty.
I don't think it is very similar at all, but if you think so... Homeopathy is about the placebo effect, which is people's minds affecting their own bodies. Bitcoin is about transactions between people. Most modern civilization is just a construct of the mind, but that doesn't make it like homeopathy.