> [Placing a floor on the value of gold is that you can make pretty things of it.] Placing a floor on the value of bitcoins is… what, exactly? The fact that th

> [Placing a floor on the value of gold is that you can make pretty things of it.] Placing a floor on the value of bitcoins is… what, exactly? The fact that the blockchain serves as a tool for global distributed consensus. There's unlimited number of applications that can take advantage of that, irrespective of actual price of Bitcoin as a currency.