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There is no such thing as intrinsic value, all value is subjective, and Bitcoin most definitely has subjective value; otherwise it would not be exchanged! If yo
by kinghajj 13y ago
There is no such thing as intrinsic value, all value is subjective, and Bitcoin most definitely has subjective value; otherwise it would not be exchanged! If you define "intrinsic value" as something like "has subjective value for a great majority of individuals," then Bitcoin does have intrinsic value as a way to easily and quietly send wealth without requiring a central middle man. There are also numerous theoretical ways in which it could be made useful (colored coins, for instance.) I don't understand how people can look at Bitcoin and not see that it has some use, even if they believe that use is overblown.