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To redeem them, you have to sell them. Somebody might be left holding the bag.
by ogogmad 4y ago
To redeem them, you have to sell them. Somebody might be left holding the bag.
- xyzzy4747 4y agoThis is true for every commodity.
- SgtBastard 4y agoAll real-world commodities have an intrinsic utility value that backstops them, even if they can’t be on-sold. BTC’s intrinsic value is zero.