Paul Graham Endorses Bitcoin

https://www.privateinternetaccess.com/blog/2012/06/paul-graham-endorses-bitcoin/

by rasengan • 14 years ago

13 23 14 years ago

privateinternetaccess.com

dacoinminster2• 14 years ago

He endorses it $164k worth. Awesome.

The person who makes bitcoin easy to use will be famous, and possibly very rich. Go coinbase!

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coderrr6• 14 years ago

if you want 0.5 BTC you gotta put an email because I'm going to send it through coinbase.com not the BTC network itself

AdmiralBeotch2• 14 years ago

You should consider a feature for coinbase to allow for btc to be sent (via lookup) to email addresses. For instance, the Electrum client allows this by the recipient hosting a bitcoin url on their domain. julian@tosh.us maps to http://tosh.us/bitcoin.id/julian which returns my bitcoin address.

dacoinminster2• 14 years ago

jr (dot) willett (at) gmail (dot) com - thanks!

euccastro• 14 years ago

Here's my piece of insight: I find paying for comments pathetic, distasteful and disrespectful to HN.

coderrr6• 14 years ago

The goal is to help spread usage of the YC startup and indirectly bitcoin.

coderrr6• 14 years ago

We removed the end of our post about paying the first 5 people 0.5 BTC through coinbase since it seems that's probably what got this post killed from the front page. Kinda sad since the intention was clearly to help promote coinbase.com

dfgonzalez• 14 years ago

I haven't found so far how to import my own Bitcoin wallet...

davidkellis2• 14 years ago

I don't think that funding coinbase constitutes PG's endorsement [of bitcoin].

coderrr6• 14 years ago

How about his indirect endorsement?

davidkellis2• 14 years ago

Perhaps.

tzs• 14 years ago

Where is this indirect endorsement? I see nothing on the linked page that supports this. All it says is that Graham has funded a Bitcoin-related startup, and then declares that this must mean he indirectly endorses it.

I don't see how you make that inference. You can infer that Graham believes that there is money to be made in Bitcoin services, but not that he endorses Bitcoin itself.

discountgenius• 14 years ago

Bitcoin currently lacks legitimacy and security. Paul Graham helps with the former, time will tell about the latter.

AdmiralBeotch2• 14 years ago

Bitcoin, the protocol, has never been hacked - only services built on top of the protocol.

zaptheimpaler3• 14 years ago

I think ycombinator has been interested in the space of online payments for a while now (they funded WePay in 2009, and Stripe last year), and bitcoins could very well be a game changer in that respect. This might not be a new endorsement, just a continuation of their strategy in that respect.

email: ankitsoni9 !a-t! gmail !d-o-t! com

duiker1012• 14 years ago

why did you put an email in your comment?

P.S.

Oh, i see, paid comments. sad.

zaptheimpaler3• 14 years ago

You see a sad comment, I see a 1 minute job that gave me $3 and a good incentive to learn a bit more about bitcoins. Also, I like money. boohoo.

realize• 14 years ago

If Paul Graham endorses something, he'll write an essay explaining exactly why. Investing is gambling, and he's seeing what happens. On the off-chance that bitcoin does survive getting in early could pay off bigtime.

Paul Graham Endorses Bitcoin

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