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I know it's been discussed to death, but whatever. I like talking about cryptocurrency. Satoshi acknowledged that Bitcoin's value would need to be bootstrapped
by psyc 9y ago
I know it's been discussed to death, but whatever. I like talking about cryptocurrency. Satoshi acknowledged that Bitcoin's value would need to be bootstrapped by hope and self-fulfilling prophesy. That already succeeded. Now it's a rare, conserved commodity, that is digital, and can be transmitted around the globe. Seems valuable to me on that basis alone. Supply is essentially fixed. Demand is likely to increase. Speculation will continue to add significant volatility for the foreseeable future.