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A comment on Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth Zero. Parent comment

Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth... by gaius on Tuesday September 19, 2017 @06:36AM (#15283311)
The ultimate value of a currency is: people with military control of an area require taxes and will accept taxes in their currency. It is legitimised by force. Everything else flows from this. If a major government starts accepting your tax bill in BTC then it is real, and not before.
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Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth... by whiskers08xmt on Tuesday September 19, 2017 @06:48AM (#15283381)
I wonder if Bitcoin is the perfect currency for the globalized world. I need currency to pay taxes to the state I currently live in, but if I'm a global citizen, not planning to be a permanent residence of any specific country, then doing my banking in a currency that can be easily moved, and can't be seized, is very valuable. Is the Fiat alternative keeping CHF in a Swiss bank account?
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