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by polygamous_bat 1488 days ago
> To come to a high confidence conclusion on the whole of web3, one would have to actually read hundreds of articles at least, and spent significant time actually using the many products. I would doubt that you did so, and couldn't even pass the most basic test.

But then, above,

> Further, when you use Stephen Diehl as a source, you already lost. This guy has an unhealthy obsession with hating crypto fueled by his own crypto startup failure.

Please get your story straight; all I am getting is ad hominems. If we are going that route, please provide me with enough reason to not believe that you are one of the hordes of bagholders who bought into a pyramid scheme covered in layers of jargon in 2021 and are now trembling with fear after losing half of your gambling money that you were promised will double in no time; and are now desperately trying to draw in new marks for your decentralized MLM by advertising and name calling on hackernews.

See how it works both ways?

1 comments

What exactly isn't "straight" about my position on crypto? The only thing I'm saying is that for such a vast and complicated space, both the absolutes (100% bad, 100% good) are suspicious, intellectually lazy and likely made by commenters with near-zero knowledge or experience.

A character like Diehl is a "crypto is 100% bad" guy. Or more like 500% bad. It's a personal crusade. A crypto-bro shitcoin promoter is a "crypto is 100% good" guy.

I reject both positions and characters.

I regret to inform you that I own zero web3 tokens, nor do I have any other stake in any web3 project whatsoever.

I'm not here to promote or defend crypto specifically. I'm here to defend (in vain) nuanced discussion and seeking truth. We could be having this same discussion about "JavaScript sucks" or "Elon Musk sucks" and I would do the same thing: reject simplistic absolutes by people who don't even know anything about said topic.

> reject simplistic absolutes by people who don't even know anything about said topic.

Precisely. That is the whole point of what I am also saying.

Absolutist positions on either side: the "All crypto should 100% die" from the anti-crypto crowd and "All crypto projects will 100% take over the current system" by crypto-bros and maximalists are both wrong. If they were to 100% die, they would have banned all of them a long time ago and not all of these projects are guaranteed to succeed, they can also fail as well, even after regulations a few projects will succeed.

Given it is ridiculous to reject all electric vehicles because there are too many petrol and diesel vehicles currently burning up the planet, then it is also ridiculous to generalize and reject all cryptocurrencies because some of them use proof-of-work, even when not all of them use that.

I predict we will see the same arguments, refutations and we will continue to see this in the next HN post about something about crypto again.