Hacker News new | ask | show | jobs
by mudlus 1655 days ago
Reading the top comments in this thread we are still hilariously early.
2 comments
Quindecillion 1655 days ago
We're going to see the "tulips" line dragged out for years to come.

How long do people think "bubbles" last?

link
sofixa 1655 days ago
Depends on the bubble, some have dragged on for decades ( e.g. railways in multiple countries or the Canal Mania in the UK)
link
mohanmcgeek 1655 days ago
The answer to that of always: Until there aren't any more "greater fools"
link
xiphias2 1654 days ago
Adoption rate at this point is about 0.5%. I guess things will start to change here on HN at 10% global adoption rate (5 more years)
link
MilaM 1654 days ago
Adoption as what? To do anything useful with Crypto you still need to change it to a real currency on a bank account.
link
xiphias2 1654 days ago
I just bought 3 plane tickets with Bitcoin yesterday on cheapair.com. Just because it's not used by everybody, it can be useful for some people. Bitcoin has never failed me while travelling.
link
MilaM 1654 days ago
I don't doubt that you can pay in Crypto by exchanging BTC against USD. But prices are still denominated in USD and the reciever most likely has to hedge against potential losses due to quickly fluctuating exchange rates.
link
xiphias2 1654 days ago
Not really. They were in Mexican pesos, but it didn't matter, I didn't have to exchange anything.

Let me guess, you're from US.

link