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Bitcoin trades on open markets. If it was worth nothing and nobody wanted it, it would trade at $0. Instead, 1 Bitcoin is currently trading at $8,400 USD. Tens
by cal5k 7y ago
Bitcoin trades on open markets. If it was worth nothing and nobody wanted it, it would trade at $0. Instead, 1 Bitcoin is currently trading at $8,400 USD. Tens of billions of dollars are tied up in it, and it's impossible to trivially create new Bitcoin.
So... pretty much exactly the opposite of what you're arguing.