Re:Tether price manipulation
by freewilly1040 on Friday January 08, 2021 @11:25AM
(#25686272)
This argument doesn't really refute the argument for bitcoin as digital gold. It's not as though you can't exchange bitcoin to pay your taxes.
[ Parent
| on HN ]
Gold has an intrinsic use value. Maybe not as high as its current monetary value, but it isn’t zero.
Bitcoin has no floor. You can only exchange bitcoin for taxes if someone wants the bitcoin.
Re:Tether price manipulation
by fleetingmoments on Monday January 11, 2021 @02:53PM
(#25735407)
Gold is intrinsically scarce. You can't fork gold and have Gold 2.0 which has the exact same properties of the original Gold.