5 ms·

It baffles me the amount of blind fanatical hate Bitcoin gets in HN. It shouldn't though, as most of them live in first world countries and have never experien

It baffles me the amount of blind fanatical hate Bitcoin gets in HN. It shouldn't though, as most of them live in first world countries and have never experienced the calamities of hyper inflation and wealth seizure by the government.

blibble 5y ago
> It shouldn't though, as most of them live in first world countries and have never experienced the calamities of hyper inflation yes, they're used to monetary stability unless they've used Bitcoin
- phasnox 5y ago
  I think they are just used to compliance.
- herbst 5y ago
  Stability is so relative. Comparing my portfolio to 1 year ago. My dollars and euros lost value, all my crypto is worth at least twice as much. I don't care about stable if this is the long term game.
  - thecupisblue 5y ago
    >dollars and euros lost value >crypto is worth at least twice as much of the currency that lost value? do you see the irony here?
    - herbst 5y ago
      I compare all to CHF, but it doesn't matter if you have a somewhat stable base currency you see the same I described.
    - phasnox 5y ago
      Of the amount of goods and services you can buy with it. Fiat is just a convenient unit of account, that serves the purpose of contrast.
  - tick_tock_tick 5y ago
    > My dollars and euros lost value How'd you fuck that up the market has been shooting up every week?
    - herbst 5y ago
      Not compared to CHF no, USD is on a stable but slow down for me.