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A comment on Why Bitcoin Matters. Parent comment

Re:Why Bitcoin Matters by Lambdanaut on Tuesday January 21, 2014 @02:20PM (#7097583)
Define "value", because I'm pretty sure that 99% of globally used currencies won't have this magical "intrinsic value" that you speak of.
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Re:Why Bitcoin Matters by venomsnake on Tuesday January 21, 2014 @02:49PM (#7097781)
The usd has intrinsic value - it saves you from years in jail if you cough up as much as Uncle Sam requires of you every year.
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Re:Why Bitcoin Matters by Lambdanaut on Tuesday January 21, 2014 @05:10PM (#7098902)
Once again there's this ridiculous "intrinsic value" / "value" dichotomy.

So then what, is your definition of "intrinsic value" that a recognized government accepts it as their official currency and exchanges bail bonds for it?

That's incredibly arbitrary.

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Re:Why Bitcoin Matters by tripa on Tuesday January 21, 2014 @03:14PM (#7097992)
You've only claimed it had value to Uncle Sam here, we're far from “intrinsic”.
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Re:Why Bitcoin Matters by BlackDeath3 on Tuesday January 21, 2014 @03:34PM (#7098137)
It seems like a lot of people parse "intrinsic value" as "value".
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Re:Why Bitcoin Matters by ye on Tuesday January 21, 2014 @04:56PM (#7098797)
How is that a value? Even if it is a value in some bizarre universe, it's not intrinsic, but an external one.
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