Yes but there is nothing backing up the solving of the algorithm. The rock came ... | Hacker News

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Yuioup on April 3, 2013 | parent | context | favorite | on: BTC $141 USD

Yes but there is nothing backing up the solving of the algorithm. The rock came from somewhere and can be put back to be picked up again. A bitcoin comes from nowhere and is a magnetic action away from being wiped into nothing.

Bitcoin is b<censored>t, a nonsense bubble waiting to burst. The emperor is wearing bitcoin.

Ntrails on April 3, 2013 [–]

Houses crumble, cars break down, money burns. Just as possible to be wiped into effectively nothing. Yet these things retain value.

I don't think that bitcoins are worth what people are willing to pay, but then I feel the same about diamonds.

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