No fiat currency, including the dollar, has intrinsic value dipshit.
I smell a nocoiner. just has his pain face on because btc 31k.
Actually, I had big hopes for Bitcoin as an anonymous and unhindered payment system. But look at what's happening to it now. Soon it will be infiltrated to the point that every transaction will be tracked, just like the dollar. That was to be the real value of bitcoin.
It was already trackable. An entire industry exists just to identify btc accounts. Right now it is supported by the largest collective computing effort mankind has ever seen. It's no wonder banks and companies are getting in on it. There are still no ETFs allowed.
Totally, he's deliberately muddying the waters.
That is somewhat true. Intrinsic value is based more on need and less on want and dollars are better suited for your needs.
It's not somewhat true, it's true, full stop. The fed can't print trillions of dollars in intrinsic value because fiat is no different that btc.
So you believe that the meteoric rise in the "value" of bitcoin is not just like printing money?
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