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

That's a valid analogy but also on a much longer time frame. Bitcoin increased in value orders of magnitude quicker than the value of land in the US. If somebody who bought a house 5 years ago was selling it for 100 times today, you bet your ass people would be mad.



Do they have any greater claim to being mad though? It makes you see it more clearly but I do not think it makes it worse. Besides, for most people they just were not alive when it was possible to claim land and nobody left them any. You could have seen crypto you just didn't, in most cases. I think that makes people more mad but once again I do not think it makes it more unjust, just the opposite.


Like Tesla stock? In the past year Tesla has gone parabolic, which looks very much similar to Bitcoin. How are they different?




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

Search: