Re:Why Bitcoin is guaranteed to be a crappy investment
by kegn on Monday December 09, 2019 @06:55PM
(#21748085)
I believe you are missing the point I was trying to make.
I was stating that nothing, not even bitcoin or money or gold or water has intrinsic value. Anything can have value to a person who is in need of a seller's goods. That was not my argument. Things have subjective value. Things do not have some mystic intrinsic property that makes them inherently valuable.
I was stating that nothing, not even bitcoin or money or gold or water has intrinsic value. Anything can have value to a person who is in need of a seller's goods. That was not my argument. Things have subjective value. Things do not have some mystic intrinsic property that makes them inherently valuable.