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by 1996 2425 days ago
TLDR: software is eating finance.

BTW something I've read here and I adopted as my tagline: it quite fun to come on ycombinator and read every single time the rambling of all the people predicting the doom of bitcoin -- you know, the thing that has managed without venture backing to become more valuable that ALL the ycombinator companies PUT TOGETHER.

TLDR2 : Sour grapes :)

I remember reading about a swedish guy that said he had seen the light and converted all of his savings in BTC. He was torn to shred by so many posters.

Funny thing: I haven't heard about him since, but I sure have read the moaning of the same people who had predicted he'd end up destitute. I think he's doing ok while they aren't.

I sure wish I had seen the light like he did, but I don't blame him for his hindsight. And after I saw most of the negative posts as sour grapes who just regretted they didn't act on the information that was available to them, I decided to act. Like you did.

Maybe more people should follow your example and stop misunderstanding the problem. Yes it needs economics + philosophy + psychology, but it can be learned. For those who don't want to learn, please don't blame those who do. Even more important: don't try to strop those who want. We need fewer sour grapes. Not more.

EDIT: Came from another thread to apologize when I saw my karma going to new lows. Sorry for rubbing it in. Downvote if it makes you feel any better about yourself and your past action.