I wasted years of my life in crypto • Hacker News Board

Re: I wasted years of my life in crypto

#11

Post by nacozarina » Sun, Dec 07, 2025, 1:31 PM UTC

don’t view it as a waste

you understand how to construct complex & stimulating games that people will play compulsively for money. that’s good.

next, craft games for which you can guarantee a house edge. should be small yet assured.

you’re already an experienced casino game developer

Re: I wasted years of my life in crypto

#12

Post by grim_io » Sun, Dec 07, 2025, 1:32 PM UTC

spicyusername wrote: post #9

I've never understood the initial arguments about Bitcoin, no matter how many times they've been explained to me. The block chain is, and always was, an extremely inconvenient database. How anyone, especially many intelligent people, thought it was realistic to graft a currency on top of such a unwieldy piece of technology is beyond me. Maybe it goes to show how few people understand economics and anthropology and ho…

Ideology can be blinding. It was never about the technology.

Re: I wasted years of my life in crypto

#13

Post by jb1991 » Sun, Dec 07, 2025, 1:32 PM UTC

spicyusername wrote: post #9

I've never understood the initial arguments about Bitcoin, no matter how many times they've been explained to me. The block chain is, and always was, an extremely inconvenient database. How anyone, especially many intelligent people, thought it was realistic to graft a currency on top of such a unwieldy piece of technology is beyond me. Maybe it goes to show how few people understand economics and anthropology and ho…

Truer words have never been spoken.

Re: I wasted years of my life in crypto

#14

Post by snitzr » Sun, Dec 07, 2025, 1:32 PM UTC

Crypto adds no value to an economic system. It's an expensive way to move money in a big pile.

I'm glad OP has been enlightened. Growth can be painful.

Re: I wasted years of my life in crypto

#15

Post by d--b » Sun, Dec 07, 2025, 1:33 PM UTC

[flagged]

Re: I wasted years of my life in crypto

#16

Post by jb1991 » Sun, Dec 07, 2025, 1:33 PM UTC

CamelCaseName wrote: post #7

Okay, so if your time felt wasted, that must mean there were better uses of your 20s. But, how else would you have driven towards your goal of building a new financial system?

Indeed, working hard towards a goal is never a waste, it can often be a learning experience regardless of the end result. And that learning is extremely valuable and also takes time.

Re: I wasted years of my life in crypto

#17

Post by Thorrez » Sun, Dec 07, 2025, 1:34 PM UTC

m00dy wrote: post #6

This is one of the signs that we are near bottom in the crypto market.

This is good for Bitcoin.

Re: I wasted years of my life in crypto

#18

Post by jstanley » Sun, Dec 07, 2025, 1:34 PM UTC

spicyusername wrote: post #9

I've never understood the initial arguments about Bitcoin, no matter how many times they've been explained to me. The block chain is, and always was, an extremely inconvenient database. How anyone, especially many intelligent people, thought it was realistic to graft a currency on top of such a unwieldy piece of technology is beyond me. Maybe it goes to show how few people understand economics and anthropology and ho…

That you don't understand something doesn't mean everyone else is wrong.

Re: I wasted years of my life in crypto

#19

Post by cosmotic » Sun, Dec 07, 2025, 1:35 PM UTC

Considering the transaction time and cost, crypto never made sense. As fast as I can tell, it's been pure speculation since its inception.

Re: I wasted years of my life in crypto

#20

Post by panzi » Sun, Dec 07, 2025, 1:35 PM UTC

spicyusername wrote: post #9

I've never understood the initial arguments about Bitcoin, no matter how many times they've been explained to me. The block chain is, and always was, an extremely inconvenient database. How anyone, especially many intelligent people, thought it was realistic to graft a currency on top of such a unwieldy piece of technology is beyond me. Maybe it goes to show how few people understand economics and anthropology and ho…

Yeah and even more crazy: all other applications of blockchains are even more stupid. Haven't seen another application that wouldn't have been better, faster, cheaper implemented in a "classical" way.