top | item 26845617 (no title) thkim | 4 years ago Intrinsic value has nothing to do with cost of transaction. discuss order hn newest bingbong70|4 years ago All value is tied to scarcity and gold is less scarce than bitcoin.If we find a million tons of easily mineable gold tomorrow the price will dip below copper's. This can't happen to Bitcoin. copenocoiner|4 years ago So VISA and MasterCard have zero intrinsic value as companies. Does not pass the sniff test. unknown|4 years ago [deleted] unknown|4 years ago [deleted]
bingbong70|4 years ago All value is tied to scarcity and gold is less scarce than bitcoin.If we find a million tons of easily mineable gold tomorrow the price will dip below copper's. This can't happen to Bitcoin.
copenocoiner|4 years ago So VISA and MasterCard have zero intrinsic value as companies. Does not pass the sniff test. unknown|4 years ago [deleted] unknown|4 years ago [deleted]
bingbong70|4 years ago
If we find a million tons of easily mineable gold tomorrow the price will dip below copper's. This can't happen to Bitcoin.
copenocoiner|4 years ago
unknown|4 years ago
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unknown|4 years ago
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