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S6eUL | 4 years ago

I think the issue is more nuanced. Many of the arguments against cryptocurrencies (or blockchain technologies) do have merit in my view (e.g. Theter being a scam, economic concerns such as deflation or the problematic envrionmental impact of PoW) but that does not mean that the entire space and any further innovation in it should be dismissed outright. However, I agree with you that this is the prevailing sentiment on HN. I find this quite sad because substantiated discussions on reddit about cryptocurrencies gets drowned out by all the shilling that is going on.

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luka-birsa|4 years ago

I'd really like to discuss arguments against blockchain as I view some very valid (especially long-term deflation concerns) others not so much (Tether, PoW), but sadly not here (or reddit for that matter). I wonder if just stating my views around Tether (eg. not a problem, not relevant, not really a scam) will be enough to trigger knee-jerk reaction.

Sad that it has to be like that, I view HN as the #1 place where engineers, technologists, geeks and nerds meet. Looks like they all enjoy some blockchain bashing.

S6eUL|4 years ago

Could you maybe expand a bit on why you think Tether is not much of a problem or link me to a ressource making that case?