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1.
by down 9y ago
they are just trying to make it like blockchain is not a big deal, hey we all have blockchain, saw it in an interview too.
2.
by down 9y ago
Bitcoin saves lives in Venezuela, you people need to get your head from your asses, first world is not the only world.
3.
by down 9y ago
making jewelry is in the store of value spectrum, with only industrial use, would be at 5% - 10% of current price.
4.
by down 9y ago
if Gold can be irrational for 2k years, I don't see why not bitcoin can't, the only think gold has going for "longer history", yet HN folk love to say "past performance are not an...bla bla", yes it also has th
5.
by down 9y ago
Saudi Arabia is not stable at all, take out the easy money from oil, and hell breaks lose, you should compare same wealth & polygamy vs non polygamy.
6.
by down 9y ago
If you look longer term the 1999 is just a small blip, so what if bitcoin crashes, bitcoin will replace banks, which are crocked and make money out of nothing.
7.
by down 9y ago
yes, this is what hold bitcoin back but is getting better, the amazon device can be software signed, also you could encrypt your keys and upload to all cloud hosts.
8.
by down 9y ago
right is so hard to buy a device from amazon or print some words on plasticized paper and keep it safe, hell you can even memorize 12 words.
9.
by down 9y ago
yes, bitcoin is better then gold, will probably get higher
10.
by down 9y ago
if you keep a ton of gold in your house, good luck.. keeping it safe, there are safe ways to keep bitcoin, cold storage, etc. is not like is impossible.
11.
by down 9y ago
Except the industrial value of gold which is around 10% of its use and not the quality/pure one, how is gold better than bitcoin? The favorite argument and the only argument is its history, yet when someone tries to use the same histor
12.
by down 9y ago
Gold real life use is a myth, around 10% of the demand, copper is much more valuable from this perspective. When the US constitution was born, I don't know, democracy? BTC/BTH, ETC/ETH, crypto is even more democratic as the o
13.
by down 9y ago
Your examples comes down to centralized decision & regulation, isn't money printing also "regulation" that's how they call it, wile bitcoin is the most decentralized currency, no Emperor can replace it, no changes ca
14.
by down 9y ago
as you can't pay them with gold..
15.
by down 9y ago
you funny.. hacks happen less then let's say you're mugged on the street or your bank account is emptied by carders/hackers. The rest is just not true, the fees are high now because companies are slow to adopt seqwit and ligh
16.
by down 9y ago
Stop trying to understand bitcoin, you privileged, elitists hacker news folk won't ever understand it how is to deal with a hostile corrupt government that through banks/inflation just robs you.
17.
by down 9y ago
leave them without Jobs as they left us, use crypto, a crypto address is like a bank account.
18.
by down 9y ago
buy bitcoin
19.
by down 9y ago
really an hour? maybe inside the country, internationally is days and more expensive of course depending of the bank, then you add the bank commission for having an account with them, all the paperwork, and all the time, you don't real
20.
by down 9y ago
right MySpace, was a technology?, I think they were build on php or so, was a slow site, Google is not a technology either, golang it is, and is somehow revolutionary through simplicity and first-ish.
21.
by down 9y ago
tulip-mania never happened, is just propaganda of those times, the only thing you can associate with is dotcom, but if you look at the bigger chart the crash is just a small blip.
22.
by down 9y ago
bitcoin is like a bank account, is mostly a movement against banks and money printing, I personally, had a few months paychecks as savings in an account, after a year, I got less money, the commissions were bigger than the interest, after a
23.
by down 9y ago
would love to be a bubble, to drop in price so I can get in, but I don't think so, if you compare bitcoin with gold, bitcoin is better, the "gold" brand is stronger still with its history, but not so much among the new genera
24.
by down 9y ago
bitcoin can work over satelite too, and sms even.
25.
by down 9y ago
Are prone now to such swings, 40%, I didn't heard of, that , recently, we are talking in 20 years, gold was as volatile when was decoupled from dollar. Do you know Fed is a private institution, it has as much authority as it has coca c
26.
by down 9y ago
cash is much better for that, and they catched those slik road guys because they were using bitcoin, if you look at what bitcoin does manly, it cuts off the banks, that's why are so scared, in Bulgaria they stopped all transfer to and
27.
by down 9y ago
As much as the elitist HR folk like to showcase the shortcomings of bitcoin, fact is that bitcoin is so much better than gold and fiat, which can be mass printed, or have you money blocked in the bank, how it happened in argentina and Greec
28.
by down 9y ago
all the "safeguards" the financial instruments have, didn't stopped them from crashing the economy in 2008, bitcoin is actually a response to that, I did lost my job then and had quite a hard time, now the same bankers tell m
29.
by down 9y ago
gold industrial use is like 10%, jewelry as just a fancier way to store gold, so 90% of gold is so valuable because is valuable, and for so many years, meaning something can be valuable without intrinsic value, aka bitcoin.
30.
by down 9y ago
I had trouble understanding bitcoin myself, and therefore stayed away from it, but what made me understand it, if shinny metals and compressed carbons pieces have huge markets, eg. gold has a cap of 7 trillions and bitcoin is just 150 billi

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