4 ms·
Bitcoin Fell Off a Cliff and No One Knows How Far It Is to the Bottom
- simonblack 9y agoLike all other tokens, bitcoin (and also any of its lookalikes) has no intrinsic value at all. It is worth whatever somebody is willing to pay you for it. I am very inclined to call it a Ponzi-style scam, however I have to recognize that as long as there is still currently 'belief in bitcoin', there will actually be somebody who is willing to pay.