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Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B

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191 points aorloff | 1 comments | 04 Jul 25 18:41 UTC | HN request time: 0.253s | source
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Synaesthesia ◴[05 Jul 25 05:50 UTC] 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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1. gexla ◴[05 Jul 25 10:31 UTC] No.44471684[source]▶
This! I was around looking for alternative "currencies" before Bitcoin even existed. But they were flawed,because they (such as Libertycoin) were shady centralized systems. Each of them were shut down by the US government. Bitcoin would have been the answer, but I lost interest before it became a thing (or it was already a thing and I somehow never come across it, because I never saw it as an accepted option.) This would have appealed to my geek nature. But I think I would have still lost interest in it after finding that Bitcoin also wasn't the answer due to difficulty in spending it. I likely would have cashed out at like $5 per coin to buy a bunch of pizzas.