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Wouldn't the same logic also lead to the inevitable conclusion that the (fair) value of gold is zero? Given that people pay real money for BTC, perhaps it is t
by knowitall 13y ago
Wouldn't the same logic also lead to the inevitable conclusion that the (fair) value of gold is zero?
Given that people pay real money for BTC, perhaps it is time to question the theory.
Btw, I found this really amusing: apparently the Tulip Mania never actually happened, or at least nobody knows for sure and lots of things seem to indicate that it didn't happen (overpriced tulips happened, but not a mania that made the common people join the frenzy and drove everybody to bankruptcy). It's on Wikipedia (the German version seems to be more clear about it, though).