/biz/ - Business & Finance

My shorts are in and sweet

The problem is this duo: separated they are great but together they're dangerous= No intrinsic value+Decentralised . decentralised, it is not backed up by govenment or a big corporation, there is only trust in BTCand BTC only has value bc it has been 'agreed 'worldwide, : BTC is the first and fulfills the needs as store of value now.even if they are more efficient blockchains /whatever.. BTC could be replicated and even bettered. and this will/is happening . people will start questioning the old btc as time goes . the fact it has no intrinsic value means it could go from 100K to 100 in months.You guys fail to see the bigger picture. BTC has hype like Abercrombie had hype early 2010' from stupid teens. IF the general sentiment shifts its over in seconds and a marcetcap of trillions evaporates