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A comment on Why Bitcoin Matters. Parent comment

Re:Why Bitcoin Matters by guscost on Tuesday January 21, 2014 @08:58PM (#7100190)
Bitcoins can be exchanged for the ability to add a new transaction to the blockchain, at the very least. It might be abstract and of questionable value but there is certainly such a thing.

And this is getting a bit whimsical, but why is the gold valuable?

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Re:Why Bitcoin Matters by betterunix on Wednesday January 22, 2014 @09:19AM (#7102608)
Gold is valuable because once upon a time the government accepted gold as a tax payment. The use of gold as money lasted for so long that people began to think that there was some kind of magic behind gold. Most of today's gold prices are based on belief in that magic.
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