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Are you saying nothing has value unless it can be directly and reliably used to buy houses? If you're saying "BTC is less useful than some other currencies", t
by icebraining 7y ago
Are you saying nothing has value unless it can be directly and reliably used to buy houses?
If you're saying "BTC is less useful than some other currencies", then I don't disagree, but then you should have said that in the first place, rather than motte-and-baileying.
- pmiller2 7y agoNice straw man. I’m saying it’s value is equal to its utility for facilitating transactions, and there’s nothing worthwhile you can buy with it. If I can’t buy a pizza, a bus ticket, a TV, a house, a car, a beer, or dinner with it, then what good is it?