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191 points aorloff | 1 comments | | HN request time: 0.217s | 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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ducksinhats ◴[] No.44471196[source]
>What exactly does bitcoin offer the world today?

I can tell you down to the day how many bitcoin there will be decades from now.

Can you do the same for any fiat currency for next week?

It offers stability and a mathematical escape from very fallible humans controlling monetary systems.

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retube ◴[] No.44471283[source]
> I can tell you down to the day how many bitcoin there will be decades from now

So what? if you say "scarcity", that by itself has no value. plenty of things are scarce, but are not valuable, no one wants it.

And anyway, bitcoin is not even scarce. there are thousands of other coins now, anyone can create one, these will / are diluting the $$$ going into btc

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1. MangoToupe ◴[] No.44471698[source]
Not to mention this will effectively be an overestimate given loss of bitcoin to wallets whose owners lost the key.