Berkshire: Bitcoin is ‘contrary to the interest of civilization.’

Re:Berkshire: Bitcoin is ‘contrary to the interest of civili... by Applejinx on Monday May 10, 2021 @08:16AM (#27105125)

If, indeed, bitcoin is inimical to civilization, then HN is smart and prescient to hate it. That would be a plausible interpretation if you figure that the HN crowd are smarter and more capable of thinking through problems than the average bear.

Perhaps if you don't agree, you should be listening :)

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Re:Berkshire: Bitcoin is ‘contrary to the interest of civili... by sixQuarks on Monday May 10, 2021 @09:59AM (#27106036)

I did listen.... when bitcoin was $1 and everyone here was saying it was a scam. I learned that just because the group is smart, they may not be prescient.

Look up any successful Y Combinator company's Show HN thread on here, and the top comment is usually something along the lines of "this will never work"

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Re:Berkshire: Bitcoin is ‘contrary to the interest of civili... by Applejinx on Monday May 10, 2021 @10:52AM (#27106580)

Scams are inimical to civilzation, and hated by Hacker News posters. I don't see the contradiction here.

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Re:Berkshire: Bitcoin is ‘contrary to the interest of civili... by sixQuarks on Monday May 10, 2021 @11:57AM (#27107462)

So you're saying despite the fact that bitcoin has been the best performing asset in history (not just a short period either, we're talking the past decade), it's still a scam?

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