Clicked for me when I realised HN is compromised of the few for whom web2 has served quite nicely, so it's unsurprising that talk of web3 is received about as well as a brick through the Google bus window
Yeah it kind of makes sense why so many on HN hate it. Most of them are heavily entrenched in existing structures where friction for finance or regulatory capture are "working" well for them.
I hate it because from everything I see it's 1% useful idiots/fellow travelers (otherwise very smart folks, just like the original fellow travelers were!) swamped by 99% crooks that want to con simple people.
But hey, I hope they prove me wrong. I could use better financial tech, that's for sure.