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I may have over-matched what you were saying to what others have said. My mistake. I was thinking of when others have suggested that the electricity use is lik

• c22 6y ago
  Thanks for the response. I agree that bitcoin cannot fill exactly the same niche as gold and I think it's foolish to try to shoehorn it into that role. I mostly wanted to address the concept that bitcoins merely represent used resources. Bitcoins are in fact a novel good that are produced using no physical resources which intrinsically gives it interesting and potentially promising properties. When you buy a plastic toy and it breaks you don't usually melt it down for its valuable plastic, you just throw it away. You mostly paid for the time and the energy to make it, but the physical substrate was valueless. That type of good currently dominates the marketplace and seems subpar to bitcoin from a manufacturing perspective.