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by wbsss4412 1543 days ago
Parent never claimed it failed to make money, only that it failed as a _currency_.

If you think failure is only synonymous with making money then certainly Bitcoin hasn’t failed, but at the same time it has hardly had much affect on the world outside of being a speculative asset for people to get rich off of.

1 comments

Exactly: when it first launched, places like HN were full of optimism that it’d kill off things like PayPal, force credit card companies to offer better transaction pricing, etc. That sounds great to me but it definitely didn’t happen, and the design in combination with volatility makes that even less likely since it’s more like trading stock shares to buy a toaster.