News for hackers. Stuff that matters.

A comment on Nassim Taleb: Bitcoin failed as a currency and became a speculative ponzi scheme. Parent comment

Re:Nassim Taleb: Bitcoin failed as a currency and became a s... by alwillis on Saturday April 17, 2021 @09:30AM (#26844112)
Sure but Hal probably didn’t realize layer 2 solutions such as Lightning Network were possible, with low fees and fast transaction times using bitcoin.

https://en.wikipedia.org/wiki/Lightning_Network

[ Parent | on HN ]
Re:Nassim Taleb: Bitcoin failed as a currency and became a s... by entropic88 on Saturday April 17, 2021 @12:46PM (#26845609)
I see that as third party rent seeking behavior and a bit of a co-opting.

And that's fine, because the beauty of satoshi releasing it as open source spawned an entire ecosystem of ideas and implementations, so while his 'baby' may not be what he envisioned the basic idea and problems solved live on through evolution.

[ Parent | on HN ]