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> People forget bitcoin's only value is its decentralised nature, yet the price increases don't reflect any significant growth You seem to ignore the simple fa
by hackinthebochs 9y ago
> People forget bitcoin's only value is its decentralised nature, yet the price increases don't reflect any significant growth
You seem to ignore the simple fact that as demand grows for a limited resource, the price grows. So even if the "value" of bitcoin viz a viz decentralization has remained constant, its market cap goes up because demand has exploded.