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Comment by Icedcool

I’d contend that money(any fiat), like Bitcoin, like gold has no intrinsic value.

Historic precedence doesn’t exist... till it does.

No one wants to carry around chickens to trade.

The value of a monetary asset is in its interoperability, and backers of Bitcoin are working to enable that to a high degree.

parent Icedcool 5 years ago

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