[chrisco255]

> basically a technology for transferring and swapping tokens whose value is based on speculation.

So it's a market. Like double entry bookkeeping. Are you similarly triggered by NASDAQ or Quickbooks or point of sale systems that use Postgres instead of a blockchain?

> its basically a pay-to-play messaging protocol with fancy jargon.

It's a fee based messaging protocol with a demand based pricing mechanic for limited block space. All messaging protocols are pay-to-play. Someone is paying for it and whatever infrastructure it runs on, even if it's free for you (via ads, spyware, etc). Only difference with a blockchain is that the infrastructure costs and fees are transparent, and it avoids dependency on a central actor.

[mouzogu]

i'm not saying there's no merit in it.

just pointing out why I think people hate it and i think there are some valid reasons.