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A comment on Bitcoin falls under $16,000. Parent comment

Re:Bitcoin falls under $16,000 by enaaem on Thursday November 10, 2022 @04:08AM (#33543991)
Btc is only valuable if you can exchange it to fiat, since your liabilities are still in fiat. You need fiat to buy groceries, pay mortgage, buy energy for mining etc…
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Re:Bitcoin falls under $16,000 by taolegal on Friday November 11, 2022 @09:21AM (#33561099)
> Btc is only valuable if you can exchange it to fiat

surely people value things other than paying off liabilities?

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