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Re:The problem Bitcoin solves by hondadriver on Sunday November 11, 2018 @02:42PM (#18428142)
And you can create unlimited forks of it, which is kinda hard with gold.

For me this makes the real value zero, but I am already proven wrong for more then 10 years.

Re:The problem Bitcoin solves by 2chen on Sunday November 11, 2018 @03:16PM (#18428330)
Gold, based on its practical uses, should have a much lower value as well--but naysayers have been proven wrong since time immemorial. I think the market will continue to stay irrational much longer than we will be alive.
Re:The problem Bitcoin solves by sidko on Sunday November 11, 2018 @03:03PM (#18428255)
The value of Bitcoin comes from social consensus. You cannot fork that. You can only fork a code repository. End of the day, it is just a bunch of 1s and 0s without a social consensus of value.
Re:The problem Bitcoin solves by richk449 on Sunday November 11, 2018 @04:24PM (#18428686)
> The value of Bitcoin comes from social consensus. You cannot fork that.

Can’t? Perhaps it is difficult, but not impossible. I can think of some examples of forking social consensus: x11-wayland, Debian-Ubuntu, star office - open office - whatever office it is now.

Re:The problem Bitcoin solves by 2chen on Sunday November 11, 2018 @03:17PM (#18428342)
You are begging the question. "Social consensus" is literally the same thing market value.