Hacker News new | past | comments | ask | show | jobs | submit login

It's not like gold's price went to 0 (more precisely, to the level of other noble metals) after the end of the gold standard. Bitcoin might well remain forever as a sort of digital gold with its (entirely stochastic) ups and downs. And why would people invest in a currency just because it is circulating? People invest in dollars because it's stable, not because it circulates a lot (more accurately, in derived products such as bonds, anchored to the US State, not on the dollar printing machines).

and yes i think most cryptocoin loonies want any one of them to succeed , the potential is so crazy high, that wishing otherwise would be foolish




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: