‹ BackHN Continuity

Thread

Neovim have a ~$800k Bitcoin donation sitting untouched since 2023

320 points · 277 comments · jakemanger

  1. pluc · · focus · HN ↗

    [dead]

    1. esskay · · focus · HN ↗
      I know you're joking but keeping bitcoin now really does feel like a poor investment given it's showing no signs of ever being revived.
      1. accountrequired · · focus · HN ↗
        Bitcoin died *again*? hehe :P
        1. esskay · · focus · HN ↗
          oh i dont think its 'dead' in the way people often describe. More...done. Like, the period of obscene growth is over and its now seemingly settled into a fairly dull investment with mediocre returns.
          1. singiamtel · · focus · HN ↗
            Isn't that a good thing? The main argument I've heard against using bitcoin as currency is that it's too volatile.
            1. nicce · · focus · HN ↗
              > The main argument I've heard against using bitcoin as currency is that it's too volatile.

              Also the transaction cost. Is it any better?

              1. bittwiddle · · focus · HN ↗
                <a href="https:&#x2F;&#x2F;bitcoincalculator.tools&#x2F;calculators&#x2F;lightning" rel="nofollow">https:&#x2F;&#x2F;bitcoincalculator.tools&#x2F;calculators&#x2F;lightning

                Its about 2 cents for a coffee(10k sats ~= 7.6 usd), or 0.2%.

                Versus 1.5-3.5% that visa typically charges.

Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.