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> Value which cannot be stolen or debased. Bitcoin's "intrinsic value" is really value unto itself for the most part, at this point in time. Maybe in the futu
by okprod 6y ago
> Value which cannot be stolen or debased.
Bitcoin's "intrinsic value" is really value unto itself for the most part, at this point in time. Maybe in the future it'll be used more as a currency, and we've seen that with Tesla, Bovada, etc., but I don't think most governments will allow such a threat to their currency without additional controls.
> Also, "blockchain" is just a data structure that has practically no use besides bitcoin.
I've always felt the other way around actually; I think blockchain will be used more widely and longer-term than Bitcoin. Blockchain as a technology has already been invested in and deployed by firms like IBM and JPMorgan.
- 816238721639812 6y agoCentralised blockchains are an oxymoron. Just use JPMorgans SQL database, it’s cheaper.
- diroussel 6y agoSometimes you want to trust and verify.