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I know enough about Bitcoin to know that its value is nonzero. In tech, nothing this unprecedented just goes away. Either it complements or supplants something
by tboyd47 9y ago
I know enough about Bitcoin to know that its value is nonzero. In tech, nothing this unprecedented just goes away. Either it complements or supplants something else, but it finds a use case, even if that use case changes over time. My opinion is that the most important use case for Bitcoin is related to economic sovereignty. It gives people an escape hatch from the global financial system. The price is affected by speculation, sure, but it mostly depends on how many people use the escape hatch, and to what extent. Just a theory, I guess. Only the future will show who's right.