Comment by add-sub-mul-div
4 days ago
It really is a huge bummer that the most important new technologies of this era have such a film of slime on them. Crypto, AI, whatever comes next, it's just no longer an era in which we can expect innovation to make our lives better. It enables grifters and scammers more than anyone else.
Like I say, the tech is cool but they are doomed to fail (partially because of grift) [although in context of crypto stablecoins/gold (paxos) is the one thing I liked and it did go great for me in terms of gold]
I hope it doesn't count as promotion but I had literally written a blog post about it and made an account literally named justforhn on mataroa when someone was discussing crypto with me in here or something
https://serjaimelannister.github.io/hn-words/
Yes, grifters latching onto the newest technology to sell snake oil is a brand new phenomenon and definitely not literally a fundamental part of new technology.