Hopefully the SEC actually finds a good one to leave alone. but I am guessing that will be a challenge for them. The entire landscape of ico could be decimated and nothing of value would be lost.
It's actually the opposite: HN has always had a large contingent of rabid cryptocurrency haters. These commenters show up in large numbers on even highly technical discussions to spam their off-topic pronouncements of moral outrage.
You're right that there are more opponents than cryptocurrency fanboys on HN but saying that they only "spam off-topic pronouncements of moral outrage" you have a very selective reading. There is no shortage of technical issues with everything cryptocurrency-related.
Well, if you were planning a scam, would you aim it at smart people? Seems similar to the reason why so many of those scam emails have terrible grammar: they want to weed out anyone smart enough to recognize the scam.
I think it's one of those sunk cost fallacy. Because you put your reputation and social credit as collateral for a large expected return, you have no choice but to keep living the lie.
Like that aussie dude who keeps telling people he is satoshi. He told the lie for so long that he refuses the remotest possibility that he is amongst the very small minority of people he surrounded himself with that reinforces his reality. The facts don't matter to religious fanatics. They are simply pawns of sociopathic tendencies.
