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That's not quite true is it? A distributed cryptographically-guaranteed ledger has fundamental value, no?
by apw 13y ago
That's not quite true is it? A distributed cryptographically-guaranteed ledger has fundamental value, no?
- thatthatis 13y agoIts an interesting thought. What's the upper bound on what a ledger could be worth? That said, the value of the ledger derives almost entirely from the value of the items transacted in the ledger. Therefore, I'd say that the ledger value is derivative of the market value and thus doesn't itself convey an intrinsic value to the coins.