4 ms·
I think HN has actually had a fair amount of interest in the bitty coin. Heck, Coinbase is a YC company. If people here seem disinterested, I believe it stems
by TimSchumann 12y ago
I think HN has actually had a fair amount of interest in the bitty coin. Heck, Coinbase is a YC company.
If people here seem disinterested, I believe it stems from a simple but subtle misunderstanding. The mindset of HN is something along the lines of 'Advances in science, technology, and our collective knowledge as a species are worthy endeavors that should be pursued regardless of personal gain'. Call it an 'open source' mindset. Bitcoin is making people money, a lot of whom are the same people posting about it on HN. For some, that's enough to ignore the technological advances and discount the whole thing.
In short...
Technology that monetizes via incorporation, series rounds, and a big fat valuation tacked on the end is socially acceptable.
Technology that monetizes itself is not.