> i.e. it produces something Bitcoin does produce something. It produces "facts" that everyone agrees on (entries on the blockchain). Facts that everyone agre

> i.e. it produces something Bitcoin does produce something. It produces "facts" that everyone agrees on (entries on the blockchain). Facts that everyone agrees on are somewhat rare, and this provides value as these facts can be used to prove things. Whether the value this provides justifies the current price of bitcoin is an open question (I doubt it) but anyone relying on the blockchain for keeping a record has an interest in ensuring the value of bitcoin is not zero