The exchange is a component of crypto, as an industry. Imagine defending social media but shitting on Facebook. To use your words to try and make your argument:
This isn't social media. This is Facebook with a centralized website, with centralized databases, that is run and controlled by humans. In fact, if you use a Facebook there is no use of social media for the most part.
There's a literal saying, "not paying for it, you're the proruct". Only if people would listen.
Author here. It's hardly ruining my business, it's just a nuisance. I have long denounced cryptocurrencies since well before this incident, including on HN:
I am not suing the state of California because their failure to use bcrypt is costing me money. In fact, I make more money when people don't do what I say on HN. My attachment to crypto discussions is not comparable to what Greenspan is doing with HN.
I disagree, but I'm also not interested in discussing Cryptocat on this thread, and I don't think you'd be doing Kyle Isom any favors by pushing the comparison further.
Oh f** off. You know what’s even more damaging? Social networks impact on democracy in Western countries. Data mining from big tech and the impact on an individuals right to privacy. Making systems deliberately addictive which is highly likely to be related to the rise in mental health issues.
Bad crypto projects will die out. Maybe the tech will work for some use cases, like Visas work in the space, maybe it won’t. Crusading against a technology that you probably don’t understand entirely is frustrating to read, flame-war inducing, and repetitive on HN. Everyone understands that it’s like marmite, you either really like it or really hate it, but there are far more important things to take a moral stance against than blockchain tech. I wish we’d all just move on and talk about other things.
I'm sorry. Sometimes goldbugs, and the crypto hardcore, get pretty far out there on the edge. It can be confusing whether something is an interesting point, worthy of discussion... or just outright "alternative reality", like climate change denial, that you should walk away from.
Are you actually saying that:
1. The payment processors joined this consortium to AVOID helping crytocurrencies catch on in the mainstream?
2. The payment processors are lying about pulling out. Facebook secretly pushed them out, because Facebook wants to start over with a more "pure" cryptocurrency?
Crypto currencies are not going away and both Getmany and France are hurting their own entrepreneurs.
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