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Bitcoin price stories should no longer be considered on topic for HN.
by j2kun 4mo ago
Bitcoin price stories should no longer be considered on topic for HN.
- shlant 4mo agoagreed
- tom_ 4mo agoVery true. Now that we have AI, Bitcoin is irrelevant.
- j2kun 4mo agoI would say the same thing about stories purely about AI company stock price changes, but I imagine that is a losing battle here.
- BobaFloutist 4mo agoDo you think we could convince hypothetical AGIs to buy NFTs? Since they're not embodied (or at least not limited to one body), it might be the only way they could really properly indulge in fine art speculation. "An AI can't smell a painting, but it can smell an NFT"
- jfengel 4mo agoThey were widely considered on topic when the price was going monotonically upwards. Aside from the technical aspects of blockchain, there is a second reason to talk about the direction of the price. There's reason to think that it's falling because of other technology offerings (mostly AI, and increasingly space). So it's a meaningful indicator of the sense of investors in technologies.
- j2kun 4mo agoI disagreed with that as well. There is no technical content in a finance publication playing the price change horserace.
- ryandvm 4mo agoI like how 15 years on, we're not even pretending that blockchain has practical uses besides buying drugs and gambling. There's a certain refreshing clarity in this current kleptocratic moment - everyone is just openly engaged in fraud. Okay, I guess that's better than pretending they weren't.
- illusive4 4mo agoMajority of crypto is pretty bad for buying drugs.
- _DeadFred_ 4mo agoNot true. The Iranian regime uses it to bypass sanctions as well.
- andirk 4mo agoHN is very, very bitter about being there at the beginning of an interesting, fun, and promising technology that could have easily enriched them. Bitcoin and crypto is very on topic, but pricing not so much.