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Did you mean this as a response to my comment or someone else's? I was agreeing that Bitcoins mean something to someone, so I don't get the 'circular argument'
by vannevar 9y ago
Did you mean this as a response to my comment or someone else's? I was agreeing that Bitcoins mean something to someone, so I don't get the 'circular argument' reference.
- kensai 9y agoI misread your comment indeed. And I agree that it has not the best currency characteristics. But indeed, I concur with you, if something means something to someone (even if it just were fancy pebbles), then it can be put to a price higher than its real price. A symbolic price might actually be a powerful one.