codehalo

>This makes it seem like the Fed is worried about Venmo affecting the economy which I doubt it is.

Your doubts are correct. They are not. They are worried about cryptocurrencies.

Nothing. See RenVM.

You are comparing Microsoft from the 90’s to Apple today, which is absolutely preposterous. That Microsoft makes Facebook look like Habitat for Humanity. You cannot be serious.

Even worse than coal mining and ICE vehicles right? I don't see all this righteousness for those.

Yeah, all the problems of the world are due to bitcoin and cryptocurrencies. Embarrassingly, more than a decade in, HN is still struggling with it. I don't consider harmful, I consider it a godsend. Ten years ago, I knew HN was wrong, it will still be wrong in a decade.

Can you (and your representative) please just leave me alone so I can harm myself with this "harmful technology"? Whatever the outcome, I'll take my chances. Please leave me alone.

You just haven’t had enough time to see why cryptocurrencies should be tolerated. Eventually you will.

You can ask the same question of someone who invested $5 and got $12.

A wallet can have multiple addresses. You can spend from different addresses without mixing.

I don't know how long you have been here, but the general HN opinion for nearly 10 years is that bitcoin will fail.

Do you really think you cannot by anything with Bitcoin? Are you uninformed or just dishonest?

That is not possible without some kind of bootstrapping mechanism.

Evaporated milk. LOL

You dont need the wallet address, you need the private key. They are not the same.

Bitcoin is not stored on your HDD, or on a local wallet. The "local wallet" simply points (or references) an address on the bitcoin blockchain. There are obviously more details, but you can do your own research.

But Coinbase doesn't trade Tether. What is the point you are trying make here?

And considering your argument of absolute power of CBs, you still prefer central banks over bitcoin?

Try buying a something like a can of milk in the US using euros or yen and get back to me on how successful you were.

I've been on HN since bitcoins inception. There was NEVER an instance where this site had a favorable opinion of bitcoin. NEVER.

I think it's more like limits: Trust minimization, not trust elimination.

Learning from the mistakes of Hacker News would be better.

You made his point.

This place has been negative on bitcoin long before 2014. It turns into a yahoo groups chat with a quickness whenever bitcoin or cryptocurrencies come up. It's embarrassing for a site that prides itself on having insight into emerging technologies and ideas.

Besides the extremes, there's the pragmatic in the middle - interoperability in general. RenVM supports Bitcoin and many other coins on multiple hosts, not just Ethereum (eg. Polkadot):

https://renproject.io

https://mainnet.renproject.io

Meanwhile, this site has been shitting on Bitcoin and cryptocurrencies since 2009.

The author of the article, NADIA SCHADLOW, was a menmber of Trump's administration.

They didn't make their own money. It was raised in a token sale. Kinda like a stock IPO. How HARD is this to understand on this "tech" site?

There is an abundance of evidence that HN was one of the most anti cryptocurrency sites. It was/is surprisingly bizarre, given the expectation that the posters would be more knowledgeable of future tech than other sites. History has now shown that it way too high of an expectation.

Do you have a problem with Mozilla's revenue from Google?

Then that motivation should be applicable to Go as well.