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You may not personally value a Bitcoin for its nostalgia, but many people would. I disagree that Bitcoins have no inherent value. There's a lot of history surro
by incrudible 6y ago
You may not personally value a Bitcoin for its nostalgia, but many people would. I disagree that Bitcoins have no inherent value. There's a lot of history surrounding Bitcoin, so the argument that they have value purely from a collector's standpoint is valid.
However, it does not follow that therefore a valuation of thousands of dollars per unit of Bitcoin may be justified and not just due to speculative frenzy. I'm picking the NES game because it has roughly the same amount of units available and most people own them as a collectible, not to actually play it.