Re:Buffett bashes Bitcoin as nonproductive, thriving on myst...
by bdcravens on Monday May 07, 2018 @12:27PM
(#17014037)
> Scarcity is absolutely an intrinsic value
Then what is the number? No, scarcity is an important attribute that contributes to perceived value, but it's not intrinsic. Otherwise any cryptocurrency that is scarce would have intrinsic value, as opposed to the many that are essentially 0.
Then what is the number? No, scarcity is an important attribute that contributes to perceived value, but it's not intrinsic. Otherwise any cryptocurrency that is scarce would have intrinsic value, as opposed to the many that are essentially 0.