TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Why Bitcoin is a Stock, not a Currency

3 pointsby deniszgonjaninalmost 14 years ago

1 comment

jelliclealmost 14 years ago
Bitcoin is a tulip, not a stock:<p><a href="http://en.wikipedia.org/wiki/Tulip_mania" rel="nofollow">http://en.wikipedia.org/wiki/Tulip_mania</a><p>Well, I suppose it could be considered the same as a penny stock being pumped and dumped. I feel slightly sorry (in advance) for the people who lose their life savings when the bubble bursts, but not hugely sorry, as it will have been greed that led to their downfall, and my capacity for empathy in such cases is limited.