I didn't say bitcoin didn't have value. I said it doesn't have inherent value
No you didn't. I went through your comments and this is the first time you've said "inherent value" or anything even similar this week.
And even if you had, that doesn't address the flaw in your argument. Earlier you claimed scarcity makes things valuable, then when I pointed out that bitcoin is scarce you said it doesn't count. Why not?
Look up what inherent means in the dictionary and you might notice something.
I didn't say btc scarcity didn't count. Indeed it is valuable. And its scarcity counts. In fact it is deflating. The demand is rising faster than the supply thus it is being valued higher.
Look up what inherent means in the dictionary and you might notice something.
There is no such thing as inherent value. There is only one kind of value and it is subjective.
I didn't say btc scarcity didn't count. Indeed it is valuable. And its scarcity counts. In fact it is deflating. The demand is rising faster than the supply thus it is being valued higher.
So it is close.
(post is archived)