Despite still not really showing any utility these tech companies want so so so much for cryptocurrency to catch on.
It feels like the entirety of cryptocurrency, outside of being a thing people used to buy drugs, has been an example of Chesterton's Fence, with half of Silicon Valley in denial of this fact.
I think HN is just getting more old and conservative (lowercase c) and is not interested in new things in this area.
We have people in this thread praising KYC.