HN has developed some sort of allergy to cryptocurrency. Warranted or not, some users get really passionate whenever they see anything mentioning crypto, blockchain or web3.
Frankly, I have the same "allergy" and personal opposition and think it's really in the end all about money laundering and techno-libertarian-anarcho-capitalist naive bullshit. But I don't see any reason for this comment in particular to be downvoted.
As a believer in techno-libertarian-capitalism (not anarchism), I still think crypto and blockchains are bullshit and serve no fundamental purpose.
On one end, I do see the point of cryptocurrency as an anonymous payment method but on the other end, they have done nothing but cause me inconvenience, skyrocketing GPU and SSD prices just so they can use thousands of gigawatts of power to make $20 that will probably be down to $12 a couple hours later and pioneering the latest generation of bullshit technology that's taking grifters and AI bros by storm.