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> Bitcoin has value for the same reason Visa has value. I disagree, Visa has value because it is a company that earns profits, ~$10B in FY 2021 ($5.xx per shar
by quickthrowman 4y ago
> Bitcoin has value for the same reason Visa has value.
I disagree, Visa has value because it is a company that earns profits, ~$10B in FY 2021 ($5.xx per share, 2B shares outstanding)
Bitcoin is not a company that earns profits, so any value ascribed to BTC cannot be for the same reasons Visa has value. In fact, BTC has zero intrinsic value.