←back to thread

YC: Requests for Startups

(www.ycombinator.com)
514 points sarimkx | 1 comments | | HN request time: 0.227s | source
Show context
monero-xmr ◴[] No.39371029[source]
Great that they are looking at Stablecoins, and by extension blockchain / crypto. The unwarranted hate on HN for this tech is a very interesting mirror on perspectives of economics and finance. The crypto economy advances year after year, as does the tech, but you would never know it perusing HN.
replies(3): >>39371077 #>>39371183 #>>39371279 #
1. frfl ◴[] No.39371183[source]
A lot, or at least some, of the "hate" comes from the speculative, exploitative and get-rich-quick schemes, rather than the underlying technology behind it or any advancements. If you were able to separate the two, the socioeconomic and the technological aspects, I don't think the typical HN negative attitude would be as negative.

As a concrete example, if someone posts an article about Merkle tree, it would get maybe 10-50 votes and 5 comments, and probably not much hate if any. Yet (according to wikipedia, I'm not into cryptocurrencies) it's a part of the underlying technology of "the Bitcoin and Ethereum peer-to-peer networks"