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Just because people think and act like something has value doesn’t mean it does. The only things that have value are what the government, financial institutions
by seibelj 9y ago
Just because people think and act like something has value doesn’t mean it does. The only things that have value are what the government, financial institutions, university professors, and HN commenters tell you
- komali2 9y agoThe comment is a duplicate of one of the only 2 comments on the original submission to HN 8 years ago. The other comment hypothesized that bitcoin would end the recession.
- michaelchisari 9y agoWhat a microcosm of the future of Bitcoin that post was.
- sumedh 9y agoI cannot help but wonder why there are only 2 comments, is it because there were very few people on HN that time or people didn't take it very seriously
- SauciestGNU 9y agoOn the face of it, it's a hard thing to take seriously. A currency backed by nothing and based only on the energy expended to generate hashes? We've seen this before, in 1992, as hashcash. It didn't go anywhere then, there was no reason to think Bitcoin would be different.
- comboy 9y agoEven on HN and even when not caring about karma, you really should be adding \s to save innocent people some time ;)