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People like Amy Castor, Peter Schiff, Nouriel Roubini, etc don't seem to fundamentally understand that intrinsic value is completely subjective and that bitcoin
by miguelmota 6y ago
People like Amy Castor, Peter Schiff, Nouriel Roubini, etc don't seem to fundamentally understand that intrinsic value is completely subjective and that bitcoin being a borderless, trustless, and scarce resource is what makes it valuable to many. Focusing on the negative aspects and neglecting the upsides of what cryptocurrencies have unlocked for millions of people worldwide is short-sighted.
- CyberRabbi 6y agoI think the key things for Bitcoin are that it’s not forgeable and it’s transferable. Anything that satisfies those two conditions will eventually be used as a reliable store of value.