Viewing profile — btcd
btcd
HN member- Joined
- Thu, Oct 17, 2019, 6:34 AM UTC
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- 9
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- 5 items
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About btcd
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Recent public activity
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Comment #21279676
This is not true. I used to be a professional market maker in Bitcoin. This year, Bitcoin market is relatively calm in at least half of the time, meaning 12 hours out of a 24-hour …
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Comment #21279652
I think it's fair to blame the marketing mistake. Bitcoin was built for the purpose of making convenient payments. However, it turned out to be an ingenious alternative to gold. I …
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Comment #21279607
That is a side effect, not the purpose. Millionaires can use Bitcoins to move their wealth too. I'd say even for a transaction of $1,000, it is often cheaper to move in Bitcoins. O…
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Comment #21279582
Although interesting in its own right, Bitcoin's energy consumption is in no way a good basis on which to judge its social value. Bitcoin is fundamentally an asset. A useful analog…
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Comment #21279488
Bitcoin's main function is store of value, with the additional benefit of being relatively easy to transfer. It is basically a more convenient form a gold. After all these years of…