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Well, if you haven't noticed, the HN community does NOT like the type of human material in the craptocurrency space - people who would sell their mothers for a
by nikolay 5y ago
Well, if you haven't noticed, the HN community does NOT like the type of human material in the craptocurrency space - people who would sell their mothers for a fraction of Bitcoin and then hodl it... or spend it on hookers! I've been mining Bitcoin before it was cool! But when I saw the type of sketchy characters overcrowding the space, I left the sinking ship! I get Bitcoin from time to time and I happen to sell them to the idiots at peaks! Like this last time, for example, I got my Handshake reward, turned it into Bitcoin, and sold at the all-time high - because it's not really hard to know when this is gonna fall... like a knife... but I'm not trying to catch it!
- randomhodler84 5y agoNeither you nor I represent the community, and there are those that like it and those that don’t. It’s funny, it’s almost like hackers are interested in different things. I am glad you are finding using cryptocurrency useful, despite disliking it.
- nikolay 5y agoOh, and you do represent it? How can a hacker, per se, be interested in something that was most probably released by NSA by all indications and which offers just quasi-anonymity?! How can a hacker be interested in something so wasteful, slow, and expensive to transact?! Bitcoin is anything but a hacker's dream!
- randomhodler84 5y agoHackers like a lot of things made by them, SELinux and Ghidra are two example. Very good products. SELinux protects billions of devices. I don’t think the NSA invented Bitcoin, there is no evidence of this. It does however serve the purposes of information assurance mission by generating some real world metrics of the cost, in both energy and compute/memory, and also an early warning and bounty system on SHA2 and ECDSA sigs.
- nikolay 5y agoGoogle "How to Make a Mint: The Cryptography of Anonymous Electronic Cash" if you haven't already. Bitcoin is a honeypot for illicit actors. And so far it's been serving its purpose well - just like Tor.