Hacker News new | ask | show | jobs
by chippy 1317 days ago
Lets try to understand this central point some more: blue sky thinking is a kind of enthusiastic faith in the future. The same kind of enthusiasm that scams, pumps and dumps require in order to succeed.

Thus we have a call for "just believe in the technology" which on it's own is fine, but it's a call that is required for all the scams that have occurred and keep on occurring to occur.

So people easily confuse the enthusiastic earnestness of blue sky thinking with crypto/blockchain with the enthusiastic earnestness of the fool that is rapidly parted with his money.

(As a note to this, I hope that the current massive crash of crypto happening right now might in a strange way increase the actual number of interesting technologists involved in it somehow, but I've not identified how)