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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. andirk · · focus · HN ↗
              I moved some BTC from Coinbase today, which is a pricier option, and they took a house rake of 1.8%. Other moves cost way way less, especially if not in a hurry and the network isn't busy.

              My situation compares to a remittances transfer like Western Union <a href="https:&#x2F;&#x2F;www.westernunion.com&#x2F;content&#x2F;dam&#x2F;wu&#x2F;EU&#x2F;EN&#x2F;210439812_D_Fee_table_update_EN_v2_LowRes.pdf" rel="nofollow">https:&#x2F;&#x2F;www.westernunion.com&#x2F;content&#x2F;dam&#x2F;wu&#x2F;EU&#x2F;EN&#x2F;210439812_... which charge about 4%+.

              Cash-to-cash is free, but it loses value while it sits under your mattress.

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