Nothing ever seems to come of discussing this topic on HN - just the usual cycle of people arguing with each other over whether BTC "ought to" (by what ontological principles?) be worth what it is (or, for that matter, anything at all), or what social impacts it has, etc.
None of that has anything at all to do with the current spot price. That's just an excuse to "debate" the topic again by pulling out the same old arguments.
Several other submissions intended to report the same simple fact were flagged and killed. Why not this one?
Well I mean, is there anything to discuss about the spot price itself? Stocks, bonds, and other assets also regularly reach round, base 10 values, and I can't think of any substance in these events generally worth discussing. Bringing out the usual flame wars seems as good a move as any.
None of that has anything at all to do with the current spot price. That's just an excuse to "debate" the topic again by pulling out the same old arguments.
Several other submissions intended to report the same simple fact were flagged and killed. Why not this one?