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Rum and tobacco were also currencies and had unarguable, inherent value across borders, just like bitcoin.
by adrianwaj 15y ago
Rum and tobacco were also currencies and had unarguable, inherent value across borders, just like bitcoin.
- Pooter 15y agoCould you elaborate on what unarguable, inherent value bitcoin has? Tobacco and alcohol at least have direct use value, even if nobody will trade you for them. Bitcoin is useless without it's exchangeability.