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felipeko | 5 years ago

Value is subjective.

For me, Bitcoin has value because it can't be inflated, and I can carry it on my head over any country's frontier without governments harassing me because of it.

Sure, Bitcoin is a means to an end, I can only "use" it by exchanging it for something else, but so is any other currency.

discuss

hahahahe|5 years ago

If US govt banned bitcoin and the exchange of it to USD, bitcoin will go to zero. And no one will be willing to defend it because it’s quite literally backed by nothing tangible or intangible.

UncleMeat|5 years ago

> For me, Bitcoin has value because it can't be inflated

BTC will continue to be inflated for another 100 years. Inflation of BTC is currently higher than CPI in the US.