Bitcoins with Friends

Finance and crypto

bitcoin lending

SHOW HN2013

67points
53comments
#376of 1,739 in 2013
Top 22%of 2013 by points

How HN took it

MixedNo clear lean

12 positive, 8 neutral or asking, 1 mixed, 6 critical, out of 27 comments about the project. Thread score +0.20.

Idea: 7 for, 1 againstPrivacy: 0 for, 4 againstDesign: 2 for, 1 againstPerformance: 1 for, 0 againstExecution: 1 for, 0 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Good idea for spreading bitcoin socially

    From 3 comments
    • This is a fantastic way to spread BTC over a social layer! Great idea
      jessehea on HN
    • Cool beginnings of a micro-credit economy for bitcoin.
      Aqueous on HN
    • This is a great idea! This is one simple way to get started with Bitcoin and make Bitcoin more mainstream for the average person.
      bobbyongce on HN
  • Attractive design

    From 2 comments
    • Very nice. Definitely one of the better looking Bitcoin services out there.
      tlrobinson on HN
    • I really really like the design, good job
      pattle on HN

Objections

  • Requires Facebook sign-up, which hurts privacy and anonymity

    From 3 comments
    • I don't have a Facebook account, so I can't sign up. I think this is probably true of a lot of Bitcoin users--for a lot of Bitcoin users, Bitcoin is a way to stay off the grid,…
      kerkeslager on HN
    • This is an awesome idea. I just with that they allow account creation outside of facebook.
      louiscipher on HN
    • Think this is cool, please consider a Twitter sign up at the least, (not sure about others) I prefer not to reactivate my FB.
      quackerhacker on HN
  • Lending bitcoin to friends can damage friendships

    From 2 comments
    • by placing a corresponding bid on mtgox and paying back your friend in bitcoin. It's kind of a dick thing to do to your friend, though, I suppose.
      dnautics on HN
    • Most things containing "money" are. Don't mix business & friendship or you'll lose both. That includes "lending" BTC.
      BrainInAJar on HN

Requests

  • Allow sign-up without Facebook

    From 3 comments
    • I don't have a Facebook account, so I can't sign up. I think this is probably true of a lot of Bitcoin users--for a lot of Bitcoin users, Bitcoin is a way to stay off the grid,…
      kerkeslager on HN
    • This is an awesome idea. I just with that they allow account creation outside of facebook.
      louiscipher on HN
    • Think this is cool, please consider a Twitter sign up at the least, (not sure about others) I prefer not to reactivate my FB.
      quackerhacker on HN

Questions

  • Is interest possible on bitcoin loans, and what is the business model?

    From 1 comment
    • I've always wondered, is interest possible on BTC loans? Technically, it should not be, since there's a limited amount of coins. Are you…
      btbuildem on HN

Alternatives named

  • Ripple

    From 1 comment

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

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