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190 points aorloff | 1 comments | | HN request time: 0.285s | source
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Synaesthesia ◴[] No.44470362[source]
I was also around when bitcoin just started out. Many people wanted it to be a global revolution in finance.

But instead it turned into a game of "hodl" to get rich.

Scams were openly perpetrated in the forums.

I became completely disillusioned. What exactly does bitcoin offer the world today?

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karel-3d ◴[] No.44470694[source]
You can get rich by... having it

Sort of like gold I guess.

I have never figured out "lightning network", their "solution" for payments. (bitcoin payments are so impractical that they have a different, separate system to use for actual payments, that works completely differently.) Seems very convoluted. I need to pay a huge fee just to make a channel so I can receive anything? And there is something about liquidity? I implemented bitcoin stuff and still cannot figure lightning out.

bitcoin is mainly for buying it and looking at a chart.

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1. omnee ◴[] No.44471092[source]
You can't get rich with gold. And haven't been able to for a long long time. It usually preserves wealth due to its long term real rate of return of around zero. But as BTC is new enough, the early owners have indeed become very rich.