Live data from Hacker News

$105B Electronics Giant Sony to Launch New Bitcoin Exchange

bitcoinmagazine.com

11–20 of 46 posts

Re: $105B Electronics Giant Sony to Launch New Bitcoin Exchange

#11
post #6

And Sony's decline continues. This move reeks of desperation. I used to buy a lot of Sony products. Lately. Zilch. I know they still make some movies and PS5. But, man, they used to be so much bigger than that.

They make good headphones too. I think that's the only Sony hardware in my house.

Re: $105B Electronics Giant Sony to Launch New Bitcoin Exchange

#12
post #6

And Sony's decline continues. This move reeks of desperation. I used to buy a lot of Sony products. Lately. Zilch. I know they still make some movies and PS5. But, man, they used to be so much bigger than that.

Japan is utterly desperate. They are selling out the whole country to tourists, investment funds, and whomever has a penny to spare. The political class is going for broke, grasping at every penny they can now, before the mountain of debt comes crashing down, or the population has enough of hidden immigration, inflation, and tourists driving go-carts on the streets of Ginza.

Re: $105B Electronics Giant Sony to Launch New Bitcoin Exchange

#13
Wow, congrats Sony!

I watch videos of a 50 year old Japanese man who thinks his life is meaningless because his financial situation dictates he will have to work around 30 more years to pay off his debts.

Government debt steals from future generations. Inflation, Quantitative Easing etc. steals the value of money from everyone. Bitcoin is the one money Government can't touch, and I think this is a great sign of hope for Japan.

Re: $105B Electronics Giant Sony to Launch New Bitcoin Exchange

#14
post #6

And Sony's decline continues. This move reeks of desperation. I used to buy a lot of Sony products. Lately. Zilch. I know they still make some movies and PS5. But, man, they used to be so much bigger than that.

Their stock valuation and chart is looking strong over the past decade. Is Japan playing with their currency valuation that much that it's making failing companies look like rockstars on the charts?

Re: $105B Electronics Giant Sony to Launch New Bitcoin Exchange

#17
post #11
post #6

And Sony's decline continues. This move reeks of desperation. I used to buy a lot of Sony products. Lately. Zilch. I know they still make some movies and PS5. But, man, they used to be so much bigger than that.

They make good headphones too. I think that's the only Sony hardware in my house.

The only Sony product left in my house. The iPod/iPhone made the Walkman obsolete, and that was way back then. I had a PS3, but only because it was the best Blu-ray player on the market that also just happened to play a few games (as used in my house). After that, nothing. Not even a cinema camera any more either. Sony is the ghost in the shell at this point.

Re: $105B Electronics Giant Sony to Launch New Bitcoin Exchange

#18
post #6

And Sony's decline continues. This move reeks of desperation. I used to buy a lot of Sony products. Lately. Zilch. I know they still make some movies and PS5. But, man, they used to be so much bigger than that.

Their stock valuation and chart is looking strong over the past decade. Is Japan playing with their currency valuation that much that it's making failing companies look like rockstars on the charts?

The Yen is the lowest it's been in a long time so probably not.

Re: $105B Electronics Giant Sony to Launch New Bitcoin Exchange

#19
post #6

And Sony's decline continues. This move reeks of desperation. I used to buy a lot of Sony products. Lately. Zilch. I know they still make some movies and PS5. But, man, they used to be so much bigger than that.

Their stock valuation and chart is looking strong over the past decade. Is Japan playing with their currency valuation that much that it's making failing companies look like rockstars on the charts?

Or Hacker News sentiment isn't representative, and the business has performed well.

Re: $105B Electronics Giant Sony to Launch New Bitcoin Exchange

#20

Earlier quoted context omitted.

Right? I'm really not sure there has ever been such insane hype around such outdated technology. The tech for zero mining, zero fee, sub second transfer, and 'quantum resistant' decentralized transfer has been around for like 8 years. This is like building a whale-oil station next to a solar farm. The fuck you doing Sony?

Bitcoin's strength is censorship-resistance.

The foremost thing about Bitcoin that is censorship-resistant is the ledger itself, which is a boon to anyone interested in tracking transactions.
Post reply on HN