Hacker News Reader

The billion dollar question- is Bitcoin Myspace or Facebook?

Gee I hope it is neither, as a party who intends to go long on BTC.

Facebook has indeed proved to be much more successful than MySpace but I still think its valuation will settle far below what it is today.

I agree. BTC is a great forerunner to a system that addresses some of its more serious issues, but I don't think it's practical for widespread proliferation.

Need to harden the tech before you run with the big boys!