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We agree things are value because of the properties they possess. I feel like you are dismissing that. It's not just that we "decide", based on nothing that som
by f1ying_1otus 7y ago
We agree things are value because of the properties they possess. I feel like you are dismissing that. It's not just that we "decide", based on nothing that something has value. Gold is used in electronics and jewelry. It's properties enable it to be used for such things, therefore there is value. Sure, crypto hard forks happen and more value is created. However, it's based on the rules that govern the coins. It's based on the fact that digital "objects" that are governed by these sets of rules. Those are properties. Bitcoin is most definitely hard money and the rules(properties) that govern the chain are deemed most likely to benefit the largest group of people, therefore it's the coin worth the most. Hard money to the max.