Hacker News new | ask | show | jobs
by mschuster91 1026 days ago
HN as a whole used to love anything crypto/NFT... the tide shifted as more and more ICOs, token offerings, exchanges and whatnot turned out to be pure rug pulls and at the same time, none of the promised benefits of cryptocurrencies failed to materialize.
2 comments

> none of the promised benefits of cryptocurrencies failed to materialize

But that sounds awesome?

I think the parent poster accidentally made a double negative.
Indeed, and it's too late to edit now. Sigh.
This is subjective, but my impression was rather the tide shifted when ChatGPT came out.

Case in point: https://news.ycombinator.com/item?id=37290356 As I am writing this, three comments. One by the author, the other two about ChatGPT.

Shifted when ChatGPT came out? HN comments has been borderline trolling flamewars in every cryptocurrency related post for years now.
In my case, I became anti cryptocurrency when it became clear to me that transaction cost will never approach zero and we will never use cryptocurrency for normal everyday transactions because the price of cryptocurrency is too volatile.

Most of the people who bought and sold Bitcoin and other cryptocurrency are speculators. My interests don't align with their interests. I want a stable currency (whose value doesn't fluctuate) with close to zero, if not zero, transaction costs. That was the whole point of cryptocurrency for me. If it can't do that, I have no interest.