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Ask HN: Do you still think public blockchains/stablecoins are useless/a scam?

5 points spir | 1 comments | 04 Dec 25 06:25 UTC | HN request time: 0.203s | source

Two and a half years ago I submitted "Warn HN: I've never seen the HN community so delusional about a major tech area" https://news.ycombinator.com/item?id=35172767

Since then, many corporations, governments, Wall St, and central banks have begun adopting public blockchains, especially Ethereum, and stablecoins.

Hacker News has been almost 100% anti-crypto/public blockchains/stablecoins for years.

In light of recent progress, has your view changed?

1. smt88 ◴[04 Dec 25 07:01 UTC] No.46144616[source]▶
HN has been consistent that their only use-cases are the trading of speculative assets (gambling) and circumvention of law (crime).

Wall St. and the other entities you mentioned engage in one or both of these activities. That doesn't mean we should be cheering them on.