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My predictions are starting to come true: https://news.ycombinator.com/item?id=26220992 https://news.ycombinator.com/item?id=26220992
by EGreg 5y ago
My predictions are starting to come true: https://news.ycombinator.com/item?id=26220992 https://news.ycombinator.com/item?id=26220992
- HWR_14 5y agoGold has been a store of value for millennia. Tulips were a store of value for just over a decade. What makes you so confident Bitcoin is the new gold and not the new tulips?
- EGreg 5y agoAs long as its price goes up, it will be more and more lucrative to mine (because rewards in Bitcoin terms will be larger).
- HWR_14 5y agoThat's only answering the question of "will it technically implode". It has nothing to do with why you think bitcoin will continue to be a store of value like gold as opposed to suddenly stopping being a store of value like tulips.
- EGreg 5y agoIt is just about the price of bitcoin. Which is affected by several factors including adoption — as a store of value.