3 ms·
And what might the obvious ones be?
by mattchristen 9y ago
And what might the obvious ones be?
- luxuryballs 9y agoI think it's obvious that he's just pumping bitcoin
- flignats 9y agopumping bitcoin, lol - you don't get it.
- rubbingalcohol 9y agoYeah after people on Hacker News find out about Bitcoin the price will skyrocket and imma cash out
- clavalle 9y agoCost and ease of transaction. Difficult to steal or confiscate. Confidence of transaction completion in a low trust environment. I'm sure there are more but those are three off the top of my head.
- flignats 9y agostorage of value, information integrity, speed - If you don't see obvious utility with cryptocurrency then you haven't done enough/very little research. Why would ycombinator backed REQ try to replace Paypal with crypto technology if there wasn't fundamental value in the tech?
- icebraining 9y agoYC's whole model is making many investments which are likely to fail, assuming a lucky few will pay for the rest. It only works because they diversify, rather than going all-in on a single one.
- flignats 9y agothe statement why REQ would try this, not ycomb's investment strategy.. They don't just invest in anyone, they do due diligence, why would they conclude this is even a viable risk taking opportunity if it was easy to see there is no utility in the technology?
- the_cat_kittles 9y agothose things havent changed since its been around. im talking about fundamentals that drive the price of bitcoin