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Bitcoins can be exchanged for the ability to add a new transaction to the blockchain, at the very least. It might be abstract and of questionable value but ther
by guscost 13y ago
Bitcoins can be exchanged for the ability to add a new transaction to the blockchain, at the very least. It might be abstract and of questionable value but there is certainly such a thing.
And this is getting a bit whimsical, but why is the gold valuable?
- betterunix 13y agoGold is valuable because once upon a time the government accepted gold as a tax payment. The use of gold as money lasted for so long that people began to think that there was some kind of magic behind gold. Most of today's gold prices are based on belief in that magic.