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From your perspective you can compare crypto to gold as a store of value. If you hold a bar of gold in your safe, does it have any "intrinsic value?" Similarly
by shrimpx 8y ago
From your perspective you can compare crypto to gold as a store of value. If you hold a bar of gold in your safe, does it have any "intrinsic value?" Similarly to Bitcoin, gold is expensive to mine.
But moving on, Bitcoin is not just a store of value. It's electronically transmittable without middle men. You can think of it as gold you can teleport across the globe. Lots of people would find this to be "intrinsic value."