[jameshart]

All scams are actually denominated in a currency that has actual value. The goal of a scammer is for them to obtain something valuable (US Dollars, say) from their victim and leave their victims with something worthless (a crypto coin, say).

[johnnymorgan]

Again how does that invalidate the utility of blockchain?

Protip: don't FOMO into anything as you will always be a bag holder.

That's about the jist of your response and has nothing to do with the utility of blockchain

[jameshart]

It doesn’t. Any more than tulip mania invalidated the utility of planting bulbs to get flowers to come up in the spring.

The posts you are responding to never said blockchain consensus protocols don’t work. All they are saying is that hype coins tend to have the shape of a scam.

Now, if you want to get back to us just as soon as you find an application for blockchain consensus protocols that isn’t basically a hype coin, we’d be happy to hear about that.

[johnnymorgan]

I'm responding to you not OP, nice try but very dishonest of you.

IPFS, storj, any number of infrastructure projects/value props.

Hellium, which is a wireless access point blockchain, there are a bunch but you aren't actually interested in any of this.

> Get back to us

Dude speak for yourself only, I have no idea who you think you represent but you're wrong if you think it's anyone but yourself.

It's clear your not a genuine actor in this dialogue. Let's see you move that goal post.

[jameshart]

IPFS is not a blockchain consensus protocol though? And the first five hits on google for storj talk about its investment potential, so.. that looks a lot like a hypecoin to me. But that’s not really important.

Personally I haven’t even seen the goalposts in this interaction since you decided that, in a discussion of a shitcoin pump-and-dump scam, the fact that said coin is built on a solution to the Byzantine Generals problem is somehow important, and… means that people shouldn’t criticize scammers taking advantage of credulous investors to fleece them?

It does not matter if a shitcoin is built using quantum manipulation of the space time continuum, if all that is being done with it is selling it to rubes to obtain their dollars.

You can be excited about blockchain, that’s fine, and you can believe it has actual value. But when people point out that your favorite technology is actually continually being used to perpetrate scams, you should get angry with the scammers, not the people who are pointing that out.

Personally, I like JavaScript. When people shout about tracker-infested slow loading websites, I don’t respond by saying ‘you’re wrong because actually the object dictionary duality in JS is a really elegant system’. That doesn’t matter. I reserve my anger for the people who are using JavaScript for evil.

[johnnymorgan]

>Hellium, which is a wireless access point blockchain, there are a bunch but you aren't actually interested in any of this.

You fell for the trap and ignored the one project that meets your requirements...like I called.

You're not a genuine actor in this conversation.

And when people point out that any asset can be used, and is used to a much greater degree, you ignore it.

You are literally projecting yourself on to others.

Feel free to be Paul Krugman on this tech stack, it's not going away because of it's utility. Just because there are assholes that scam people doesn't invalidate it's use cases.. Same applies for the USD.

Anyway, GLHF!