RE: The Argument Over Bitcoins Value
I often hear this one from Gold bugs, that Bitcoin has no value because it has no other demand other than storing value. They say gold can be used in dentistry, jewelry and industrial components.
I love the argument that bitcoin has no industrial use or intrinsic value, why would anyone buy gold because they think more people are going to want to bling out! Bitcoin has more value than gold because you can easily transfer it, sell it, etc. Most people who say negative things about bitcoin are just jealous no-coiners who wished they bought a long time ago!
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