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You are right, $100 have value because people have an agreement that it does. This is not the case for Bitcoin… there are folks who wish it were. It’s like sayi
by isodev 5y ago
You are right, $100 have value because people have an agreement that it does. This is not the case for Bitcoin… there are folks who wish it were. It’s like saying “from today on, I can buy stuff with emojis”. Even Monopoly money go back in the box at the end of the day.
- akaij 5y agoA quick glance at any exchange disproves this. The common agreement right now is that a single Bitcoin has ~$50000 value.