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What value? Bitcoin goes up and down like a drunken rollercoaster and it's based on "look my computer did some maths that accomplishes nothing!" as its represen
by mathw 5y ago
What value? Bitcoin goes up and down like a drunken rollercoaster and it's based on "look my computer did some maths that accomplishes nothing!" as its representation of worth. It's got no more value than conventional currencies no longer backed by the gold standard (did that ever mean anything either?)
Never forget that money is largely illusory, solely a social construct, and while that's a powerful thing there is nothing here that makes Bitcoin or any other cryptocurrency any more worthy than the US dollar or the Euro.