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

I'm not talking about a hypothetical doomsday scenario. Bitcoin is the crisis.

The idea that holding Bitcoin is a better idea than holding dollars is spreading. The more it spreads, the higher the value of Bitcoin will be, and the lower the value of the dollar will be. Eventually, we will hit a tipping point. That's the crisis. That's the hyperinflation.



And aside from wishful thinking, what evidence do you have to back your hypothesis?


None, but it's important to remember that currency is wishful thinking. The value of a non-commodity currency is what people believe it's worth. Trends in the public's beliefs about currency are incredibly significant.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

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

Search: