[mrwong]

Daily trading of bitcoin is 5b$

Thats just one single exhange fuer one single fiat currency pair

Guess what there is Euros, KRW, Jen, Rimimbi.

Insane to see how buthurt HN is ober missing out on one of the best tech opportunities in the last decade.

Many here will probably hate the big family Christmas gathering because every relative assumes that the geeky guy surly must have bought some bitcoins.

But HN is no better then IBM or Dell. Its always easy to bash IBM and the way they went under, but beeing mid 30s and dismissing Cryptocurrency as fad of some kid traders is just the same.

Having said that, does anyone have an inspirational name for my Yacht? Satoshicruise?

[dmitriid]

> missing out on one of the best tech opportunities in the last decade.

Can you enlighten me on what's "best" is in this tech opportunity?

To compare:

During Singles Day AliBaba had a peak of 325 thousand transactions per second.

Bitcoin struggles to make 4 while consuming a power equivalent of several small countries.

[mrwong]

Thats like WarnerBrothers saying in 1995 That movie streaming will never be a thing because its ridiculous to stream with a 56k Modem. Now we have Netflix and Youtube etc.

I could go on and on, but the kneejerk resistance is extremely polarised and I feel like preaching the Internet in 1995 to some 65year old Executives at a newspaper.

Watch this to remind yourself that the internet was not always around. https://www.youtube.com/watch?v=_L3Y2_YiT-A

There was some other interview where Marc Andressen holds a presentation of the Netscape browser and is asked by a reporter what cool websites he can show or think of. He didn't have a good answer and for sure were not able to predict products like Facebook.

Watch this if you want to here some good arguments. https://www.youtube.com/watch?v=9SYVX2wcMVM

[dmitriid]

> Thats like WarnerBrothers saying in 1995 That movie streaming will never be a thing because its ridiculous to stream with a 56k Modem. Now we have Netflix and Youtube etc.

False analogy.

> I could go on and on

Please do. You haven't event started.

> the kneejerk resistance is extremely polarised and I feel like preaching the Internet in 1995 to some 65year old Executives at a newspaper.

Nope. You haven't event started preaching, much less to a 65 year old.

> Watch this to remind yourself that the internet was not always around

What does this have to do with bitcoin? Oh. Right. Nothing

> presentation of the Netscape browser

I've yet to see you go and on about bitcoin. So far you're rehashing stories about the Internet.

> Watch this if you want to here some good arguments.

An hour-long video can be easily distilled into a number of bullet points. Please, do go "on and on".

[mrwong]

Gl in the future dinosaur