Comment

Comment by losteric

What are you talking about? We can wear gold, make weapons out of iron, cups out of copper… coins have both a fiat face value and real tangible value (the “floor”).

Bitcoin has no intrinsic value. It’s entirely belief.

That’s not a bad thing. MLMs can be very profitable, some turn into multi-generational institutions of faith.

I own bitcoin because it’s like buying a share of the Mormon church early on. Absolutely, do it! But comparing it with gold? Come on, be real.

parent losteric 1 year ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton