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191 points aorloff | 1 comments | | HN request time: 0.218s | 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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hx8 ◴[] No.44470672[source]
> What exactly does bitcoin offer the world today?

Aside from perhaps gold, bitcoin is the most successful currency in the world not associated with a central bank and state.

It's the most liquid asset that is not issued by a central bank. At any point you can issue a transaction to anyone else in the world, without the possibility of a third party intervention. I've had issues pulling cash out of banks, or limited sizes available for money orders, or having debt/credit card transactions incorrectly flagged as fraudulent and blocked.

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wqaatwt ◴[] No.44470682[source]
> successful currency

Calling it a currency is a huge stretch. It’s an extremely successful token/“asset” but it’s about as much as a currency as gold is these days if not less (based on what most people use it for).

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kragen ◴[] No.44471315[source]
Last week I happened to visit a grocery store that accepts Bitcoin payments.
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MangoToupe ◴[] No.44471692[source]
Huh. Were you in El Salvador by any chance?
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kragen ◴[] No.44471873[source]
Argentina. I didn't try it because I don't have Lightning set up.
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1. MangoToupe ◴[] No.44471895[source]
Argentina also makes sense. Solidarity.