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saurik is pretty famous, I would estimate that most serious players in this space know the money is here. What is good about this post and the fact it's on top of HN is that maybe the average HN reader will be curious and help shift the crypto narrative on HN from negativity to at least neutrality.


Yeah it would be great and more on brand for this forum to have neutrality

The actual communities for most projects and general crypto are obnoxious, and probably what has helped push or keep this community to negativity, i could see it flipping to neutral though, judging by the emails I get there are plenty builders and educated proponents here


But the negativity is well deserved

Look at how the crypto-sphere reacted at FEDs returning "stolen" coins to Bitfinex like all praise and "justice served". Only HNers actually raised "hey guys why do you even crypto if FEDs will decide who owns what".

It all ends up being Government-coin and they like it.


To me, this is Exhibit A of the oddly incoherent nature of discussions that appear here. What you wrote is a random mixture of ideology, misinterpretation of what happened, and the wrong forum for it.

Where would one even start?

US Govt hasn't returned the bitcoin to Bitfinex. Bitfinex has stated they would apply for getting it returned. This is the process these things take. All that has occurred is a DOJ/FBI seizure, indictment and arrest. I don't know what reaction you referring to and your sentences are ideological hyperbole that have nothing to do with the technology. This is a technology and industry forum. The technology allows any possessor of the private key to assume control over the entries in that private key.


This is a popular line of thinking among reputable crypto critics: https://twitter.com/alexhern/status/1491449689656360961

I agree its incoherent, but I struggle to understand of how it makes sense to them.




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