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What if you’re stuck in Turkey with its current inflation and want to hedge against it? Or what if you’re someone who would like to in a permissionless way buy
by dsco 5y ago
What if you’re stuck in Turkey with its current inflation and want to hedge against it? Or what if you’re someone who would like to in a permissionless way buy Bitcoin options?
What the Hacker News crowd generally misses about crypto is that it’s technology, ideology and finance in one package. They keep on arguing against the storage model itself (centralized vs decentralized) and miss the bigger picture.
So many of these anti blockchain comments remind me of the initial HN reaction to Dropbox and people saying that “hey, you can just set this up yourself on a Linux machine”.
You’re missing the point. A 3 trillion dollar industry doesn’t give a shit about your database takes and how it’s all a bubble - we’re way beyond that.