Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by Barrin92 on Friday December 08, 2017 @10:02PM
(#15884028)
if I'd be willing to pay 6-20 bucks for a simple transaction with a volatile currency and wanted to live with the threat of having my account hacked and no insurance whatsoever, sure
[ Parent
| on HN ]
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by Frogolocalypse on Friday December 08, 2017 @10:09PM
(#15884060)
Your money has been hacked. You just don't recognize it.
https://d3fy651gv2fhd3.cloudfront.net/charts/united-states-m...
PS. Every standard sized bitcoin transaction bar the past three days (and those will too), that people paid over 5c for has been committed to the blockchain.
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by jcranmer on Friday December 08, 2017 @10:16PM
(#15884088)
Yeah, that rampant inflation sure destroyed my savings account.
Oh wait, no it didn't.
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by Frogolocalypse on Friday December 08, 2017 @10:25PM
(#15884111)
House prices look like they're continuing their 30-year boom in my area. Oh that's right, they took them out of inflation statistics in 1983.
How's education costing these days, anyway? Healthcare?
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by jcoffland on Friday December 08, 2017 @11:45PM
(#15884342)
Can you buy the same things for the same prices as when you first started saving?
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by Barrin92 on Saturday December 09, 2017 @12:18AM
(#15884436)
That's not my money because I do not own any US Dollars, and more importantly I don't really see why a graph showing me the money supply is supposed to convince me to buy Bitcoin
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by Frogolocalypse on Saturday December 09, 2017 @05:55AM
(#15885239)
Don't. No one is forcing you to buy bitcoin. If you don't recognise its value proposition, don't invest in it.