Re:Spot Bitcoin ETF receives official approval from the SEC
by uzbit on Thursday January 11, 2024 @01:35PM
(#38956584)
> There is no underlying value. No intrinsic value.
I'm surprised this comment still shows up. The intrinsic value is literally all of the energy spent ensuring the validity of the blockchain via expensive PoW. If you want to point at something with no intrinsic value, look to the fiats.
I'm surprised this comment still shows up. The intrinsic value is literally all of the energy spent ensuring the validity of the blockchain via expensive PoW. If you want to point at something with no intrinsic value, look to the fiats.