Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Gold is bitcoin minus all the bullshit. If you'd offer me some amount of money today and would pay me in either gold or bc I'd choose gold every time. Downside is, you need to physically store it somewhere safe and accessible, but that somehow applies to your bc wallet too. Exchanges with people's money getting hacked or disappearing, people forgetting their passwords, hard drive failure, the failure modes of bc are endless. And in that scenario of the apocalypse where the government collapses and a civil war breaks loose i wanna see that idiot with his mining rig trying to power it with a solar cell, or the idiot trying to get on some form of network (let alone the internet as we know it today) to start a transaction.

Bitcoin has and only ever will have a practical use for criminals.



Consider applying for YC's Summer 2026 batch! Applications are open till May 4

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

Search: