Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Cryptobros will play negative sum games with greater fools right up until the collapse, and then the meme stock buyers will jump in to get wiped out as well.


I don't "invest" in cryptocurrency and never have. I just use it regularly (a couple times per month) to pay for things. For my use case it really doesn't matter what the silly speculators do in their completely off-chain fiat speculation markets.


Ah yes, the totally normal "things" that can only be purchased with bitcoin.


Only? I never said that. But I certainly have an easier time paying for my dot com domains, VPS renting, computer hardware from newegg, etc with bitcoin than I do with my mastercard debit card. To answer your implicit (if inaccurate) question Mastercard has literally broken itself (via it's complex out of band anti-fraud implementation) with Newegg and I can't even use it there anymore, I have to use bitcoin. The last thing I bought was a super nefarious vertical 2x monitor stand. But sure, project your own nefarious thoughts onto my behavior if you wish.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: