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Comment by simias

The lack of technical knowledge in the cryptocurrency community is staggering. It's obvious that a huge number of people are attracted by the "get rich quick" aspect of it all and they lack the basics to really understand the trade-offs and the subtleties of the various blockchain "flavors" and tweaks.

So it turns into dumb cargo culting like "Proof of Stake is 100% proven not to work", "Proof of Stake is 100% proven to work", "Lightning Network is going to fix everything and bring world peace", "Lightning Network is going to ruin everything and bring WW3" etc...

And you can't have any constructive discussion because if you try to argue for or against a certain technical proposal you'll immediately be called a "paid shill" or a "troll" regardless of your arguments. I've been lurking in the bitcoin subreddits lately and it's really one of the least helpful and constructive communities around. And it's a bit sad because on the technical side the blockchain is pretty damn interesting.

parent simias 9 years ago

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