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Ask HN: Why does blockchain get so much hate here?

Sure there is a lot of discussion about how cryptocurrencies can fit in the existing economic system or regulations etc. What is surprising though is that there is a lot of genuine hate over blockchain and the whole sector.

You can see that from downvotes here that are vindictive to any comment in favor, you can see huge upvotes for articles saying blockchain is BS.

All in all, blockchain is firstly supposed to be a technology. As such, it makes no sense to trash talk it and ridicule it.

Secondly, this technology tries (at best without any guarantees) to bring a societal change meaning transparency for everybody, financial inclusion, censorship resistance etc.

How can these things be hated upon? Why? I understand the "i told you it was a bubble" effect but I can never imagine someone hating on new tech discoveries for reasons other than psychology.

20 points arisAlexis 8 years ago 40 comments

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