[Zuiii]

HN's jerk reaction reminds me a lot of the 5 monkeys and ladder experiment. I'm sure a lot of the people railing against crypto don't understand why they hate it or just look at the negatives. I'm confident that they would be just as hostile to cash if it was invented today.

The good news is that they don't matter. Cryptocurrency is here to stay. People like you and me are using it to transfer money, donate, and buy things. It doesn't have to be widely adopted to be useful, which is something that I find to be just grand :-)

[wbobeirne]

Somewhat off topic but I only recently learned that that monkeys and ladder experiment never happened, it's just a thought experiment or story to illustrate the point. But the closest real experiments were not nearly as dramatic and didn't have as strong of results.

[latchkey]

https://www.psychologytoday.com/intl/blog/games-primates-pla...

[ShamelessC]

People here railing against cryptocurrency are generally unable to see past its proclivity for scams. This is an entirely reasonable situation. Further, cryptocurrency proponents are historically completely unwilling to admit there are any flaws to the point that it’s obvious they have a stake in cryptocurrency and it’s severely biasing their judgement.

You don’t seem like that per se but if you haven’t seen it before you haven’t been watching.

[latchkey]

I have a stake in it and I'm willing to admit it is full of scams. Fact is though, ALL finance is full of scams. I'd argue that the inverse is true... people in traditional finance hate on crypto because it actually exposes the fact that their own stuff is full of scams. Case in point:

https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-...