Hacker News new | ask | show | jobs
by krupan 963 days ago
I'm sorry, but playing with anything other than BTC Bitcoin and lightning is just going to waste your time and resources. I'm sorry, but the last 15 years has taught us that again and again. Definitely do your own research, start with small amounts, but be very, very careful especially with anything not BTC.
1 comments

Comment feels like a great example of a bitcoin-maxi. An important data point, worth paying strong heed to, but also worth understanding the reasons behind bitcoin-maxi perspectives in order to see where you fit along the scale.

Bitcoin itself has the longest, most proven history. It's the safest house in the least safe neighbourhood. It's also the best performing asset of it's lifetime so far (something like that anyway).

It's use-case has changed since it was created, and there are additional use-cases to which other cryptocurrencies cater, smart contracts being the primary example (which then facilitate a whole other ecosystem of products, of arguable value and utility to humanity).

I'm around 50% bitcoin-maxi, to expose my illogical stance :)

I also have barely a little toe dipped into that particular asset pool, so my opinion isn't necessarily fully formed or well founded.