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dummydummy1234 • yesterday at 3:05 PM • 1 reply • view on HN

I remember looking into Bitcoin in 2012, and thinking:

"This will never work as a currency, because of the max number of bitcoins it will inherently be deflationary, and the value will go up, which means that there will be a disincentive to spend it, because the value will just go up..."

Yep... Did not buy any.


Replies

jodrellblank • yesterday at 5:03 PM

I don't need to remember it, here's my comments about Bitcoin on HN in Nov 2010:

https://news.ycombinator.com/item?id=1943699

https://news.ycombinator.com/item?id=2060609

when they were valued around $0.30 each, or about $4 of Bitcoin then for $1M now.

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