21–30 of 123 posts
> while those who are against it (which are a few scared souls cowering in a corner) Way to win over your audience.
HN BTC skeptics are not the target audience. This is an ad targeting rich, nontechnical boomers who are unhappy they missed the ride up.
Another company shilling a coin, hoping to convince many more greater fools. Only goal of this article is to convince you to buy, and to transfer a part of your wealth to them.
Earlier quoted context omitted.
Yes, this was absent from the analysis. Bitcoins security derives from computer power which is currently paid by combination of fees and inflation (mining). We have yet to see what happens to the prices and security when mining dries out. It would also be interesting to see a large market event that causes many people to move bitcoin at once. (What happens to transaction costs? Does this affect perception of bitcoin…
Bitcoin will have to adapt in a big way before inflation stops. It needs to crank transaction volume way up, or otherwise collect fees (for example smart contracts) in order to keep mining profitable. Scaling only the price of transactions is NOT going to work, but it has quite a bit of runway to figure this out.
Earlier quoted context omitted.
HN BTC skeptics are not the target audience. This is an ad targeting rich, nontechnical boomers who are unhappy they missed the ride up.
Edit. Nocoiner was removed from the previous comment as it was not intended to be taken this way. My Previous Response( Nocoiner sounds a lot like Antifa or MAGA. Is the goal to lump everyone who doesn't agree with you into a group to ridicule?)
I'm surprised that the energy usage axis does not come up in this summary of his thoughts. Isn't that likely to be a factor in bitcoin's growth and long-term survival?
I can see Bitcoin hardfork to POS once the tech has been proven in Ethereum. Bitcoiners only care about the 21 millions hard cap and a secure network, not the exact consensus algorithm used.
Yes I am a Cardano shiller.
> while those who are against it (which are a few scared souls cowering in a corner) Way to win over your audience.
Dalio and Bridgewater's internal culture are famously weird and confrontational[0], so your reaction is probably intended. [0] https://www.bloomberg.com/opinion/articles/2019-02-01/bridge...
I'm surprised that the energy usage axis does not come up in this summary of his thoughts. Isn't that likely to be a factor in bitcoin's growth and long-term survival?
I'm surprised that the energy usage axis does not come up in this summary of his thoughts. Isn't that likely to be a factor in bitcoin's growth and long-term survival?
I can see Bitcoin hardfork to POS once the tech has been proven in Ethereum. Bitcoiners only care about the 21 millions hard cap and a secure network, not the exact consensus algorithm used.
Earlier quoted context omitted.
HN BTC skeptics are not the target audience. This is an ad targeting rich, nontechnical boomers who are unhappy they missed the ride up.
Edit. Nocoiner was removed from the previous comment as it was not intended to be taken this way. My Previous Response( Nocoiner sounds a lot like Antifa or MAGA. Is the goal to lump everyone who doesn't agree with you into a group to ridicule?)