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Re: Is laszlo back?
by
Smartvirus
on 25/07/2025, 22:04:02 UTC
I am just not sure why you said
Quote
if we look at the whole picture we will see that he is not a great example at all

Are you referring to the fact that he is depicted as a "modest programmer", as defined in the article, or some actual bad behaviour? i.e. promoting shitcoins or other frauds?

No. What do you think of someone who had tens of thousands of bitcoins in 2010 but:


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Now he only has $119 worth of Bitcoin left and regrets none of it.

At the very least to me it says he was someone who didn't believe in the future of bitcoin.

I read this and though it did make some sense, there is also another way to look at it. Maybe he did and maybe he didn’t but, he actually did actively transact with Bitcoin as a currency which is one of the core purpose or use of Bitcoin. Perhaps he didn’t see what those Bitcoins would be worth in today and frankly, many from his time didn’t and even a lot of us in today wouldn’t have.
Some just didn’t know what to do with it at the time while others later leveraged on its gradual ascent in price to see how far it gets.

Even in today, there are a few users that are actively looking for means to exchange Bitcoin for products and in a decade or two decades, we all know it’s going to be worth even more, the values they use in exchange for products in today. That doesn’t mean they don’t believe in the Bitcoin idea, they simply had an immediate need to try it out.

It’s just different in today because we know better and building portfolio is now a thing.