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

15 years ago we had been leaving computers running in the background to download and share data over P2P networks, nowadays it's to mine cryptocurrencies. How sad.


At least there was a point to the former: you got content. With bitcoin, just move the money to Helium or something and if everyone does it, you have the same investment scheme. There is nothing intrinsically valuable about Bitcoin, it's just that everyone agrees to put money into it. We can easily move away and still have an investment scheme. You can't easily move away from downloading movies yet still have that movie on your hard disk to watch. There is a difference here.




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: