It looks like the Bitcoin fan boys are already rushing to poison the proverbial water hole and hijack this discussion. It's always disappointing to see just how much politics have managed to infect this space. I mean, everyone knows that with politics a person's preferences end up being based largely on whether or not they like a given candidate's character (hence the quote "politics is the mind-killer") ...
But within the cryptocurrency space people are even less rational since after investing their money they now have a perverse incentive to try discredit any competition and the effects of their confirmation bias after investing are truly immense. Bitcoin in that sense, is one of the most toxic communities out there since its entire community seems to be against any kind of innovation taking place outside of Bitcoin and are quick to dismiss any such attempts as "crapcoins."
I wish we could go back to 2011 when people were more opened minded ... It's honestly gotten to the point where no one can work on anything new in this space without some shill from Bitcoin trying to cast doubt on their project to steer people back to it ... So I guess pick your favorite investment and support your side.
"Arguments are soldiers. Once you know which side you're on, you must support all arguments of that side, and attack all arguments that appear to favor the enemy side; otherwise it's like stabbing your soldiers in the back—providing aid and comfort to the enemy. People who would be level-headed about evenhandedly weighing all sides of an issue in their professional life as scientists, can suddenly turn into slogan-chanting zombies when there's a Blue or Green position on an issue."
But within the cryptocurrency space people are even less rational since after investing their money they now have a perverse incentive to try discredit any competition and the effects of their confirmation bias after investing are truly immense. Bitcoin in that sense, is one of the most toxic communities out there since its entire community seems to be against any kind of innovation taking place outside of Bitcoin and are quick to dismiss any such attempts as "crapcoins."
I wish we could go back to 2011 when people were more opened minded ... It's honestly gotten to the point where no one can work on anything new in this space without some shill from Bitcoin trying to cast doubt on their project to steer people back to it ... So I guess pick your favorite investment and support your side.
"Arguments are soldiers. Once you know which side you're on, you must support all arguments of that side, and attack all arguments that appear to favor the enemy side; otherwise it's like stabbing your soldiers in the back—providing aid and comfort to the enemy. People who would be level-headed about evenhandedly weighing all sides of an issue in their professional life as scientists, can suddenly turn into slogan-chanting zombies when there's a Blue or Green position on an issue."
Cryptocurrencies are the new mind-killer.