I'll never understand the bitter hatred toward blockchain at hackernews. Are you guys just mad you knew about bitcoin when it first started but didn't get any? You can't possibly truly believe blockchain solves zero problems can you?
I know blockchain enthusiasts claim that it solves some problems, but in reality it fails to solve them because they are not fundamentally tech problems. You could think of it as a performance art documentary of a group of people learning to recreate the world's financial regulations in a bottle, but the price of admission is a trail of fraud victims. Furthermore, it is wasting the world's energy supplies, and eating up our attempts to move to renewable resources.
As for bitcoin itself, which I assume the latter part of your comment is talking about:
It’s predictable trustless money. It’s not perfect. But where you totally
Lose me is:
> it is wasting the world's energy supplies
This is the latest POLITICAL attack vector. When you parrot messages like this, you expose yourself as a political victim that is not educated about the topic. Literal parrot.
If you have an interest beyond being a political foot soldier, do your own OBJECTIVE research. Learn about bitcoin miners using renewables, how much energy the industry actually uses, the carbon footprint of payment networks and fiat etc.
It’s an effective political attack vector because in all likeliness you won’t do your homework. You’ll read my comment, experience cognitive dissonance, judge me as a bitcoin cultist, and move on with your busy life.
