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"What's the fundamental value of $1?" I can wipe my butt with a dollar bill. I can use that dollar bill to snort a line of cocaine. I can make a paper football
by lightedman 9y ago
"What's the fundamental value of $1?"
I can wipe my butt with a dollar bill. I can use that dollar bill to snort a line of cocaine. I can make a paper football out of it. I can use it to help roll a joint. I can fold it into a small coin purse to hold change and keep it from rattling in my pocket.
The dollar bill, being a physical object, has some utility, and thus some value.
Can you do any of those things mentioned above with a Bitcoin?