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I wouldn't know an answer to it, but it would indicate to what extent the wisdom of the HN crowd is a wisdom one should follow. Edit: I'm listing projects alre

I wouldn't know an answer to it, but it would indicate to what extent the wisdom of the HN crowd is a wisdom one should follow. Edit: I'm listing projects already talked about in the link of OP for convenience. Bitcoin first time: https://news.ycombinator.com/item?id=463793 https://news.ycombinator.com/item?id=463793 Bitcoin second time: https://news.ycombinator.com/item?id=599852 https://news.ycombinator.com/item?id=599852 Redis: https://news.ycombinator.com/item?id=494649 https://news.ycombinator.com/item?id=494649 Summarizing from other comments (yep, I'm bored): ReactJS: https://news.ycombinator.com/item?id=5789055 https://news.ycombinator.com/item?id=5789055 AirBnB: https://news.ycombinator.com/item?id=426120 https://news.ycombinator.com/item?id=426120 DuckDuckGo (arguably): https://news.ycombinator.com/item?id=460877 https://news.ycombinator.com/item?id=460877 Dropbox (seems to be received quite well? Hmm...): https://news.ycombinator.com/item?id=8863 https://news.ycombinator.com/item?id=8863 Researched but turned out to have good responses: Github: https://news.ycombinator.com/item?id=124553 https://news.ycombinator.com/item?id=124553 -- query: https://hn.algolia.com/?query=github&sort=byDate&prefix&page=8&dateRange=custom&type=story&dateStart=1170288000&dateEnd=1234483200 https://hn.algolia.com/?query=github&sort=byDate&prefix&page...

tspike 8y ago
> Well this is an exceptionally cute idea, but there is absolutely no way that anyone is going to have any faith in this currency. Not entirely inaccurate :)
- jstanley 8y ago
  It's true that not everyone has absolute faith in it, but there are quite a lot of people who have quite a lot of faith in it.
  - coldtea 8y ago
    Then again, a lot of people had faith in David Koresh.
  - zodiac 8y ago
    The claim was that no one would have any faith in it though ^^
    - coldtea 8y ago
      "No one" in casual claims is not the absolute quantifier ("absolutely no one"). It just means "very few people". Else we could never say "no one" in casual conversation for anything, because even the vilest/stupidest/most paranoid idea still has one/some proponents. (And by "even the" I mean, "most", not "absolutely each and every vile/stupid/paranoid idea has one/some proponents").
      - A2017U1 8y ago
        Arguing the semantics is a moot point in this instance. Bitcoin was once transferring about $5bn on-chain daily and hovers over $1bn today. By comparison Western Union moves $80bn in one year. The original comment was unequivocally wrong. People obviously trust it. https://www.blockchain.com/charts/estimated-transaction-volume-usd?timespan=all&daysAverageString=7 https://www.blockchain.com/charts/estimated-transaction-volu... https://corporate.westernunion.com/annual-report/highlights.html https://corporate.westernunion.com/annual-report/highlights....
        coldtea 8y ago
        Each day ~5 trillion dollars are moved. Doesn't that mean that Bitcoin remains irrelevant -- (and 5 times less relevant today than when it was $5bn/daily). So much for the future of currency...
      - zodiac 8y ago
        I agree with this and my comment wasn't trying to use "no one" in that strongest possible "absolutely no one" sense
mooman219 8y ago
The age old Dropbox response: "For a Linux user, you can already build such a system yourself quite trivially by getting an FTP account, mounting it locally with curlftpfs, and then using SVN or CVS on the mounted filesystem. From Windows or Mac, this FTP account could be accessed through built-in software."
Hamuko 8y ago
By what metric does one assess Bitcoin's success?
Sohcahtoa82 8y ago
Wow...this comment really did not age well at all, even worse than the classic Dropbox comment: https://news.ycombinator.com/item?id=124594 https://news.ycombinator.com/item?id=124594
shubhamjain 8y ago
Frequently people cite comments that look foolish in hindsight. But some people are able to gauge things well too. Github: > This really is a very cool little community . . . they're going to make a killing when they start charging. Dropbox: > This is genius. It's is problem everyone is having, and everyone knew it (http://www.aaronsw.com/weblog/lazybackup http://www.aaronsw.com/weblog/lazybackup ). If it really works as well as it looks in that demo then they nailed it. I'm both envious and inspired. I'll be surprised if YC does not fund them.

tspike 8y ago

> Well this is an exceptionally cute idea, but there is absolutely no way that anyone is going to have any faith in this currency. Not entirely inaccurate :)

jstanley 8y ago
It's true that not everyone has absolute faith in it, but there are quite a lot of people who have quite a lot of faith in it.
- coldtea 8y ago
  Then again, a lot of people had faith in David Koresh.
- zodiac 8y ago
  The claim was that no one would have any faith in it though ^^
  - coldtea 8y ago
    "No one" in casual claims is not the absolute quantifier ("absolutely no one"). It just means "very few people". Else we could never say "no one" in casual conversation for anything, because even the vilest/stupidest/most paranoid idea still has one/some proponents. (And by "even the" I mean, "most", not "absolutely each and every vile/stupid/paranoid idea has one/some proponents").
    - A2017U1 8y ago
      Arguing the semantics is a moot point in this instance. Bitcoin was once transferring about $5bn on-chain daily and hovers over $1bn today. By comparison Western Union moves $80bn in one year. The original comment was unequivocally wrong. People obviously trust it. https://www.blockchain.com/charts/estimated-transaction-volume-usd?timespan=all&daysAverageString=7 https://www.blockchain.com/charts/estimated-transaction-volu... https://corporate.westernunion.com/annual-report/highlights.html https://corporate.westernunion.com/annual-report/highlights....
      - coldtea 8y ago
        Each day ~5 trillion dollars are moved. Doesn't that mean that Bitcoin remains irrelevant -- (and 5 times less relevant today than when it was $5bn/daily). So much for the future of currency...
    - zodiac 8y ago
      I agree with this and my comment wasn't trying to use "no one" in that strongest possible "absolutely no one" sense

mooman219 8y ago

The age old Dropbox response: "For a Linux user, you can already build such a system yourself quite trivially by getting an FTP account, mounting it locally with curlftpfs, and then using SVN or CVS on the mounted filesystem. From Windows or Mac, this FTP account could be accessed through built-in software."

Hamuko 8y ago

By what metric does one assess Bitcoin's success?

Sohcahtoa82 8y ago

Wow...this comment really did not age well at all, even worse than the classic Dropbox comment: https://news.ycombinator.com/item?id=124594 https://news.ycombinator.com/item?id=124594

shubhamjain 8y ago

Frequently people cite comments that look foolish in hindsight. But some people are able to gauge things well too. Github: > This really is a very cool little community . . . they're going to make a killing when they start charging. Dropbox: > This is genius. It's is problem everyone is having, and everyone knew it (http://www.aaronsw.com/weblog/lazybackup http://www.aaronsw.com/weblog/lazybackup ). If it really works as well as it looks in that demo then they nailed it. I'm both envious and inspired. I'll be surprised if YC does not fund them.