3 ms·

It's not about being bitter IMO. Sure, some people are mad they missed the boat, but I don't think that is the general consensus (at least here on HN). There's

It's not about being bitter IMO. Sure, some people are mad they missed the boat, but I don't think that is the general consensus (at least here on HN). There's no valuable discussion to be had anymore regarding BTC because every discussion turns into price point speculation, FUD, or "I told you so" remarks. Bring some real discussion and critical thought the table, and not just repost the same WSJ articles that sensationalize the tiniest price movements.

JumpCrisscross 9y ago
> There's no valuable discussion to be had anymore regarding BTC because every discussion turns into price point speculation There are tangential discussions around market structure, regulations (their existence, interpretation and necessity) and other matters I've found genuinely interesting. Bitcoin appears to have attempted a clean reboot of modern finance. It's interesting seeing where common solutions are found. It's fascinating considering where divergent conclusions could be reached, and whether that could help us in the mainline economy. Price discussions are inane for this asset, but it doesn't mean that's the only thing we can talk about.
- nxsynonym 9y ago
  Let me clarify - I agree with you. Price discussion shouldn't be the only discussion, but the media frenzy and run away increase in value makes it the main topic of focus. The things that you mentioned are what I am most interested around Bitcoin, and what should be talked about - but that is only happening in very small amounts and (in my experience) by people who don't have any horses in the race. As a side note - I would add that Bitcoin in theory attempted to reboot modern finance. The idea, passion, maybe even necessity is there - but I don't think the tech is there yet. Clearly people are more interested in generating value based on our current monetary system vs. pushing for widespread Bitcoin adoption.
  - mrhappyunhappy 9y ago
    I think thI discussion should no longer be about bitcoin but about blockchains and how they are going to make the current financial system obsolete. Take for example EOS and Cardano, the two are 3ed generation blockchains that will enable all sorts of uses for crypto coins. Yes the median is fixated on Bitcoin, and I say let them be. People are overlooking what will be the most impactful technology of our lifetime and that is a damn shame. But hey, what do I care; I'm one of those greedy bastards scooping up virtual land I'm decentraland, investing in amazing projects that will eliminate billions of waste in financial and healthcare world and will connect the other 4 billion people currently not participating in the virtual economy.

JumpCrisscross 9y ago

> There's no valuable discussion to be had anymore regarding BTC because every discussion turns into price point speculation There are tangential discussions around market structure, regulations (their existence, interpretation and necessity) and other matters I've found genuinely interesting. Bitcoin appears to have attempted a clean reboot of modern finance. It's interesting seeing where common solutions are found. It's fascinating considering where divergent conclusions could be reached, and whether that could help us in the mainline economy. Price discussions are inane for this asset, but it doesn't mean that's the only thing we can talk about.

nxsynonym 9y ago
Let me clarify - I agree with you. Price discussion shouldn't be the only discussion, but the media frenzy and run away increase in value makes it the main topic of focus. The things that you mentioned are what I am most interested around Bitcoin, and what should be talked about - but that is only happening in very small amounts and (in my experience) by people who don't have any horses in the race. As a side note - I would add that Bitcoin in theory attempted to reboot modern finance. The idea, passion, maybe even necessity is there - but I don't think the tech is there yet. Clearly people are more interested in generating value based on our current monetary system vs. pushing for widespread Bitcoin adoption.
- mrhappyunhappy 9y ago
  I think thI discussion should no longer be about bitcoin but about blockchains and how they are going to make the current financial system obsolete. Take for example EOS and Cardano, the two are 3ed generation blockchains that will enable all sorts of uses for crypto coins. Yes the median is fixated on Bitcoin, and I say let them be. People are overlooking what will be the most impactful technology of our lifetime and that is a damn shame. But hey, what do I care; I'm one of those greedy bastards scooping up virtual land I'm decentraland, investing in amazing projects that will eliminate billions of waste in financial and healthcare world and will connect the other 4 billion people currently not participating in the virtual economy.