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I don't really know how to ask this question without it sounding insulting, but: do you agree that currency itself is useful? And then the broader question is:

by blhack 5y ago

I don't really know how to ask this question without it sounding insulting, but: do you agree that currency itself is useful? And then the broader question is: do you agree that financial instruments are useful? It seems odd to me that there are so many people on HN who don't seem to understand the importance of finance. You are literally posting on the website of a venture capital firm.

mcphage 5y ago
> do you agree that currency itself is useful? Currency itself is useful, but has existed a lot longer than Bitcoin. If we're trying to evaluate the utility of some new thing, merely the fact that it's another kind of currency really doesn't get you much. Ocean Shipping on the other hand gets you a lot of things that other kind of shipping don't get you.