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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: 0.001s | 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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ducksinhats ◴[05 Jul 25 08:54 UTC] 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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1. FabHK ◴[05 Jul 25 11:44 UTC] No.44472061[source]▶
Discretion in money supply is a feature, not a bug.

But yeah, put 1% of your savings in each of the 20,000 coins with strictly limited supply. Their value must surely rise, right.