> I feel like Silicon Valley hegemony has a grudge against crypto currencies
I have a grudge against crypt-currencies because their proponents think:
+ Implementations don't need specs
+ PL theory is below them (static typing? referential transparency?)
+ Repeated million dollar hacks aren't a problem
+ There's no shame in lying about the core purpose of your product (Etherium: The implementation is the LAW. Except when we don't feel like it.)
The sad thing is there are lots of cool things crypto currencies can do. They're great for moving money between countries (the banking system really needs to get its act together here). They're great for bug bounties. Someday they'll be good for contracts (bug-free code is possible if you take it seriously). Proponents should focus on those things ... but it's hard to take criticism seriously when you just want to pump up the value of your coins.
Come on, you can't generalize things like that on a group such as cryptocurrency users. I think this generalization tells more about you than cryptocurrency proponents.
I can, because I'm trying to explain a mindset, not make an argument. Maybe cryptocurrencies are the future, but there are reasons people are suspicious of them besides being silicon valley hegemons afraid of being disrupted.
I have a grudge against crypt-currencies because their proponents think:
+ Implementations don't need specs
+ PL theory is below them (static typing? referential transparency?)
+ Repeated million dollar hacks aren't a problem
+ There's no shame in lying about the core purpose of your product (Etherium: The implementation is the LAW. Except when we don't feel like it.)
The sad thing is there are lots of cool things crypto currencies can do. They're great for moving money between countries (the banking system really needs to get its act together here). They're great for bug bounties. Someday they'll be good for contracts (bug-free code is possible if you take it seriously). Proponents should focus on those things ... but it's hard to take criticism seriously when you just want to pump up the value of your coins.