Yes, there's a lot of propaganda pushing this narrative with the ultimate objetive of completely prohibiting any sort of alternative currency:
- Conflating crypto with exchanges, or Bitcoin in particular with oportunistic scams.
- The complete nonsense about PoW being 'detrimental to the environment'. It's sad that even technical audiences fall for this at all.
- Speculating on its price has nothing to do with the use case, which is to transfer money without an intermediary. You certainly can, but it has nothing to do with the objective so any criticism about this is disingenous.
Bitcoin (and some others such as Ethereum or Monero) just work, and and has worked extremely well for over a decade. I was able to pay for hosting and plenty other services anonymously, to circumvent local restrictions when nothing else worked, transfer money to family abroad, etcetera.
And yes HN is extremely vulnerable to propaganda due to a mixture of lack of common sense, lack of life experience and snobbery.
- Conflating crypto with exchanges, or Bitcoin in particular with oportunistic scams.
- The complete nonsense about PoW being 'detrimental to the environment'. It's sad that even technical audiences fall for this at all.
- Speculating on its price has nothing to do with the use case, which is to transfer money without an intermediary. You certainly can, but it has nothing to do with the objective so any criticism about this is disingenous.
Bitcoin (and some others such as Ethereum or Monero) just work, and and has worked extremely well for over a decade. I was able to pay for hosting and plenty other services anonymously, to circumvent local restrictions when nothing else worked, transfer money to family abroad, etcetera.
And yes HN is extremely vulnerable to propaganda due to a mixture of lack of common sense, lack of life experience and snobbery.