I felt the same way. Was curious about what sentiment was back then, because I very often see people making predictions using the early years as some kind of first cycle. I really do not think it is analogous.
I have since lost some faith in the Magic Online Event Ticket. I do not have any more faith in Bitcoin than I did eight years ago. Furthermore, I’m fairly confident that Bitcoin is of net negative value to the world—a huge amount of energy is devoted to computing otherwise useless hashes so hackers can collect ransoms and some people can try to take money from greater fools.
(There are blockchain projects that might have actual value, but Bitcoin is not one of them.)
Big oof here.
I felt the same way. Was curious about what sentiment was back then, because I very often see people making predictions using the early years as some kind of first cycle. I really do not think it is analogous.
I have since lost some faith in the Magic Online Event Ticket. I do not have any more faith in Bitcoin than I did eight years ago. Furthermore, I’m fairly confident that Bitcoin is of net negative value to the world—a huge amount of energy is devoted to computing otherwise useless hashes so hackers can collect ransoms and some people can try to take money from greater fools.
(There are blockchain projects that might have actual value, but Bitcoin is not one of them.)