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Do you also get sore thinking about the pollution and waste of energy caused by people playing video games? Also, if the cost of Bitcoin falls to $0, I will wa
by Cyberdog 9y ago
Do you also get sore thinking about the pollution and waste of energy caused by people playing video games?
Also, if the cost of Bitcoin falls to $0, I will want to collect all of the coins for free. But then someone else will probably offer $0.01 for them, so then I'd need to offer $0.02. But then maybe someone else will offer $0.03. And so on and so on. The price would only drop to zero if everyone decides there's no useful utility behind Bitcoin that makes them desirable to hodl or use. I just don't see that happening.
- deleted 9y ago[deleted]
- vinchuco 9y agoPassive-aggressive paraphrasing, for free: > then video games are bad! Checkmate! > assuming people assign BTC value then BTC will not reach zero value > I don't think that will happen so it won't happen.
- Cyberdog 9y agoI'll accept your criticism, except for: > > assuming people assign BTC value then BTC will not reach zero value Please explain to me what's wrong with this. If there's still at least two people who value BTC enough to pay to own it, how can it reach zero value?
- vinchuco 9y agoI can't dispute the statement if it happens to be vacuously true https://en.m.wikipedia.org/wiki/Vacuous_truth https://en.m.wikipedia.org/wiki/Vacuous_truth It's true people can assign value. It's not necessarily true that they will.