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I don't think it needs to reach $0 to become irrelevant as a speculative asset. Tulips bulbs still exists and have a legitimate use if you want to grow tulips.
by stephc_int13 4y ago
I don't think it needs to reach $0 to become irrelevant as a speculative asset.
Tulips bulbs still exists and have a legitimate use if you want to grow tulips.
I don't know what BTC can be used for, maybe it will be kept for historical purposes.
- pessimizer 4y ago> I don't know what BTC can be used for, maybe it will be kept for historical purpose. That doesn't make sense to me. That's like keeping a phone number for historical purposes; it doesn't mean anything if it doesn't work any more. Old stock certificates are usually worth something, but a hypothetically crashed bitcoin is less like a stock certificate than it is like a memory that you once owned stock in a company that no longer exists, and a slip of paper with your old broker's number written on it.
- pencilguin 4y agoOld stock certificates are worth something? I have lots of old stock certificates, would you like me to send them? And some Confederate dollars?