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| Bitcoin: peer-to-peer network based anonymous digital currency (bitcoin.sourceforge.net) | ||
| recommended by 6 users | 2009 | 5 points by chaostheory | crypto | original thread | | ||
| 6 users recommended this thread. What they said: |
| whyte_mackay Dec 12, 2018 | on: The Ethereum Price Drop: A Fundamental Analysis | context |
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joshuakelly Dec 16, 2020 | on: Bitcoin breaks above $20k | context
Let's pay tribute to the very first Hacker News thread about Bitcoin back in May, 2009 with this classic comment: https://news.ycombinator.com/item?id=599852 > Well this is an exceptionally cute idea, but there is absolutely no way that anyone is going to have any faith in this currency. |
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panarky Feb 25, 2021 | on: Coinbase S-1 | context
The prevailing sentiment on HN has been wrong about cryptocurrency from Day 1. Source: Day 1 HN post -> https://news.ycombinator.com/item?id=599852 If you have a truly revolutionary idea, expect the conventional wisdom on this website to be extremely negative. |
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myth_drannon Apr 13, 2021 | on: Show HN: DeepHN – Full-text search of 30M Hacker News posts… | context
Earlier post 2009: https://news.ycombinator.com/item?id=599852 "Well this is an exceptionally cute idea, but there is absolutely no way that anyone is going to have any faith in this currency." Written by co-founder/CEO of Pachyderm and first employee of RethinkDB none the less. |
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f7ebc20c97 Mar 28, 2022 | on: Ask HN: Software with biggest potential for positive impact… | context
Hacker News commenters have hated (and been wrong about) cryptocurrency ever since the first Bitcoin article appeared here. It's very strange. I chalk it up to some sort of Dunning-Kruger contrarian effect + demographics skewed toward cynical authoritarian statists (not sure why, since tech used to be full of libertarians). It's all just a repeat of the negative comments over and over... https://news.ycombinator.com/item?id=599852 |
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FergusArgyll May 26, 2026 | on: Dropbox CEO Drew Houston to step down | context
The first Bitcoin thread is great |
| Also recommended by people who recommended this: | ||
| 1. | Ross Ulbricht Sentenced to Life in Prison (nytimes.com) | |
| recommended by 1 user | 2015 | 623 points by uptown | original thread | | ||
| 2. | “I have a few qualms with this app:” (comment) | |
| recommended by 325 users | 2007 | BrandonM on: My YC app: Dropbox - Throw away your USB drive | aged poorly | original thread | | ||
| 3. | “Without meaning to put a damper on your technical work, you should keep in mind a few things:” (comment) | |
| recommended by 2 users | 2011 | jellicle on: Show HN: Bitcoinica - Advanced Bitcoin Trading Platform | original thread | | ||
Early adopters are silent, because they have nothing to prove and are too busy enjoying their wealth.
Holders are positive, partly because they have financial motive to do so.
Nocoiners are negative, partly because they are kicking themselves for not cashing in on one of the biggest opportunities of the last decade. They like to see crypto fail so they can say: See, I told you so! and feel better about missing out.
Then there is the perversion of the cryptopunk community, where it became all about greed and hype, and much less about the technology and vision. I wouldn't mind if the greedy folk dropped crypto and it became more about sticking it to the man (because I already largely cashed out, and kinda feel bad for the environment and taking last year's mom-pops Christmas money).
It pays to revisit the very first post on Bitcoin on HN and maybe realize that what HN thinks about crypto is not so relevant as it may seem:
https://news.ycombinator.com/item?id=599852
> Well this is an exceptionally cute idea, but there is absolutely no way that anyone is going to have any faith in this currency. - May 2009