HN user

SanJacobs

28 karma
Posts1
Comments10
View on HN
10x C++ Editor 4 years ago

From what I've heard from 10x users I know, the dev is extremely responsive and bug fixes are often published within hours of being reported

Yes, I agree, and this is all very cool, however regarding this point:

There is now a sovereign nation state that accepted Bitcoin as a currency, and, mark my words, no doubt more will follow this 2022.

Sure. That's true, but doesn't actually matter, imo., because the point of crypto is to:

Replac[e] central banks, and by extension, their grasp on the limitless money printing

So approval from the government in the case of crypto is worth about as much as it is for making love. It's the losing side of a game saying "You know what, we'll be so gracious as to allow you to win". Never needed your permission to begin with.

How long can it possibly be “early days”?

70-ish years. I'd say we just recently came out of the early days of computing around the 1990s or 2010s.

How long do we need to wait before someone comes up with an actual application of blockchain technologies that isn’t a transparent attempt to retroactively justify a technology that is inefficient in every sense of the word?

Currency is inefficient? It's sure better than trading cows.

Smart contracts? Writing things using english and then every side involved hiring lawyers to be used as bad just-in-time compilers for what was written is way more inefficient.

"Bitcoin was the beginning of the end for the state" – geohot. And I can't imagine much more of an inefficient system than the state and central banking.

How much pollution must we justify pumping into our atmosphere while we wait to get out of the “early days” of proof-of-work blockchains?

Energy production problem, not a blockchain problem.

How many people must be scammed for all they’re worth while technologists talk about just beginning to think about building safeguards into their platforms?

God, devs, please don't put restrictions on your platforms under the guise of "safety". Same goes for governments. Stay out. If you have no clue how something works, it's partly on you if you gamble all your savings on it. But also, who is excusing scams? We all think scams are bad. Nobody is seeing someone who fell for BitConnect and saying "Well, it's the early days, so it's fine that you got scammed."

It seems to me that this lady really wants to dislike. In general. She enjoys disliking things.