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throwawayforhn

4 karma · joined December 16, 2013

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throwawayforhn··on Bitcoin and the Byzantine Generals Problem
I would like to warn those who don't know that the author of this post has vested interest in bitcoin. It doesn't mean anything per se, but you might want to take those articles with a grain of salt.

So this is how it goes. a16z invests in Coinbase, so cdixon posts supportive posts regarding bitcoin.

We can now safely expect more and more HN readers to buy bitcoins because of the fear of missing the bitcoin train, and bitcoin detractors will soon look like iPhone detractors in 2007. That means that no matter what the value of bitcoin is, you should buy some, because the whole SV is soon going to be on it.

For the fist time on HN, a significant part of what hits the front page are posts about an asset that you can buy simply, and will likely make you a millionaire in a couple of years without creating any value. This is as great as it is sad. Enjoy it.

Make us long time holders rich.