Re:Bitcoin reaches all time high after US ETF launch
by washedup on Wednesday October 20, 2021 @11:49AM
(#28932179)
LOL this is a very rebellious thing to do (editorialize the title) but I got a good kick out of it regardless.
Hacker News is bad at understanding the game theory behind Bitcoin and why it will stick around. Instead they see it as suboptimal software, which is true in a lot of ways, but in the end it does not matter. Network effect is everything.
Re:Bitcoin reaches all time high after US ETF launch
by chrispeel on Wednesday October 20, 2021 @11:54AM
(#28932235)
I don't think the title is editorializing as much as trolling HN
I see Bitcoin as boring. It's digital gold, which was interesting for a few years. Now the interesting technology and discussion happen around other blockchains, e.g. Ethereum
Hacker News is bad at understanding the game theory behind Bitcoin and why it will stick around. Instead they see it as suboptimal software, which is true in a lot of ways, but in the end it does not matter. Network effect is everything.
Bitcoin is interesting.
That about sums it up.
I see Bitcoin as boring. It's digital gold, which was interesting for a few years. Now the interesting technology and discussion happen around other blockchains, e.g. Ethereum