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What's the value of a brick? https://stockx.com/supreme-clay-brick-red https://stockx.com/supreme-clay-brick-red Both art and grifts have changing value > 0.

• thunky 4y ago
  About $0.82 https://www.lowes.com/pd/8-in-x-4-in-Clay-Red-Cored-Standard-Brick/5013595093 https://www.lowes.com/pd/8-in-x-4-in-Clay-Red-Cored-Standard...
  • endofreach 4y ago
    It really depends on where you are located, what you need the brick for and what your alternatives are (as with everything).
    • timeon 4y ago
      Yes but most of the time deviation is not that big. I've checked prices where I live and also it varies it similar to $0.82 (but we do not us $ and it is not exactly same brick).
• iamthirsty 4y ago
  Hey, if you want to really get into it, a brick is made of physical materials that took time and a process to form into a brick, and has practical as well as decorative uses. Bitcoin doesn't have a single one of those.
  • sunshinerag 4y ago
    Because it’s not a brick . It’s not made of physical materials. But it took time and purpose. It has practical uses. Not sure about decorative one.
  • ianhvr 4y ago
    Hate to blow up your logic but Bitcoin is made up of 100k+ lines of code that took time and a process to form into a blockchain, and has several practical uses.
    • thunky 4y ago
      I've personally written thousands of lines of code that does (or did) something yet is currently worthless.
      • ianhvr 4y ago
        yes, proving my point. your worthless code does not have millions of users and developers building on top of your platform.
        • thunky 4y ago
          Even if it did it would still be worthless. Value isn't created by destroying time and energy.
          • ianhvr 4y ago
            can you show me a product with roughly 200 million users and 200k daily transactions that has a value of $0 to back up your logic?
            • thunky 4y ago
              Yes: NFTs Less than a year ago NFTs had about as many daily transactions. Since then volume is down 97%+ and prices have collapsed, well on their way to the correct value of $0. IMO bitcoin will go the same way. The market is just more entrenched in bitcoin mania so it's happening more slowly.
  • andirk 4y ago
    Neither does USD. Can we please hate on bitcoin with arguments that aren't 100% identical to issues of trust in USD?
    • Daishiman 4y ago
      Can you use BTC to pay taxes in the US and settle debts? Can BTC be used to purchase oil? No? Then this argument doesn't make any sense.
      • andirk 4y ago
        I exchange BTC for USD and visa versa all the time. So, yes. You know this, though. It's not a fringe currency any more.
        • Daishiman 4y ago
          It's not a currency, it's not a store of value. Nobody uses it to buy anything, it doesn't work against inflation.
      • cwkoss 4y ago
        These are such odd questions to ask consumers. I have never even considered purchasing oil with USD (assuming you mean crude petroleum - olive, sure).
        • havetocharge 4y ago
          The argument still stands, but can be rephrased if convenient: have you purchased olive oil or vehicle fuel using cryptocurrency?
    • iamthirsty 4y ago
      USD is based on the GDP and productivity output of the entire United States (25% of the entire world's economy), as well as the indirect backing of the cool little thing known as the United States Armed Forces, just incase. And many more things. People who constantly make this argument don't actually understand how economics and monetary value actually work. They've just heard someone say it and, like most bro-science, it sounds about right so it should be right! Right from the jump, they'd know that among the many other worthless parts of BTC, if we actually had a deflationary currency be the standard it would be a horrible, horrible reality.