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A comment on Banks Are Fleeing Crypto. Bitcoin Investors Should Be Worried. Parent comment

Re:Banks Are Fleeing Crypto. Bitcoin Investors Should Be Wor... by bawolff on Tuesday January 10, 2023 @01:19AM (#34321200)
> On the other hand, if I were a bank, bitcoin presents a compelling argument. The supply is finite.

Finiteness is a neccesary but not sufficient condition for something to be valuable. Lots of things are finite that are stupid investments. Its not like banks are investing in vintage comic books.

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Re:Banks Are Fleeing Crypto. Bitcoin Investors Should Be Wor... by wardedVibe on Tuesday January 10, 2023 @03:48AM (#34322118)
Finiteness is not even necessary for value (ideas being the go-to example). Its necessary for a price (actually non-finite things are free, assuming they're produced in a free market).
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Re:Banks Are Fleeing Crypto. Bitcoin Investors Should Be Wor... by bawolff on Tuesday January 10, 2023 @05:36AM (#34322839)
I don't know that ideas are really the best example. Most of the valuable ones (in the money-sense) are valuable more due to the person attached to them, and their ability to implement the idea or improve on it.
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