Purely on speculation and anecdotal pointers seen in my own social rings, there's a lot of "missed-the-train-dissonance" happening.
Many of the people in tech I meet, knew about Bitcoin very early. They even saw the potential. Some acted on that (with hindsight this may seem the "smart" move, but really, it was a gamble with lot of downside potential. Still is). Most did not -which actually, financially or investment-wise, was probably the smart move-.
Those people now must find ways to deal with this internally. The simple thing is to keep convincing yourself that web3, crypto, etc is bad - a conviction that isn't too hard to base in fact, really.
I gave talks in Bitcoin on tech meetups back in 2012. I've had numerous people from back then, tell me that they are really bummed that they didn't really believe me back then, to at least dabble around a bit with some spare change. Or just the tech. I strongly believe there are far more people in the tech scene who aren't this honest, not even to themselves, and instead strongly and loudly "hate" on all crypto.
I made several tens of thousands of dollars on BTC, buying a small stake when it was $10. I'm still HODLing some crypto though I've sold most of it, and I'm definitely one of the haters because it hasn't shown any evidence that any of it will ever deliver on its promises, and I've seen so many scams over the years. The whole ecosystem is just a mass of speculation and competing scams.
I am. And there are a lot of good arguments brought up on why web3 is not delivering, a scam, cannot work, churning out C02 and so on.
But the many, lazy oneline comments, even on HN, like "Crypto is a scam" lacking any arguments, body or even basis, do show me an unhealthy amount of "hate" on HN.
Many of the people in tech I meet, knew about Bitcoin very early. They even saw the potential. Some acted on that (with hindsight this may seem the "smart" move, but really, it was a gamble with lot of downside potential. Still is). Most did not -which actually, financially or investment-wise, was probably the smart move-.
Those people now must find ways to deal with this internally. The simple thing is to keep convincing yourself that web3, crypto, etc is bad - a conviction that isn't too hard to base in fact, really.
I gave talks in Bitcoin on tech meetups back in 2012. I've had numerous people from back then, tell me that they are really bummed that they didn't really believe me back then, to at least dabble around a bit with some spare change. Or just the tech. I strongly believe there are far more people in the tech scene who aren't this honest, not even to themselves, and instead strongly and loudly "hate" on all crypto.