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I would agree that its current value is probably inflated, regardless, bitcoin provides real value, it is not a scam.
by d0lph 9y ago
I would agree that its current value is probably inflated, regardless, bitcoin provides real value, it is not a scam.
- sp527 9y agoA lot of things ‘provide real value’. What matters is the magnitude of said value. And before you can get there, you need a way to quantify it. I would posit that Bitcoin creates a lot less real (and particularly marginal real) value than perceived value.
- d0lph 9y agoIt doesn't matter, it provides value. This is enough to make it not a scam, it's not like a bunch of people got together and asked how to make themselves rich. Bitcoin was created to be the trusted currency of the internet, without the banks interfering.