/biz/ - Business & Finance

>>56679210
>what is intrinsic value
it's clear you didn't understand in the first place and now you're getting all pissed. Ethereum's native asset, Ether, is used to pay for transaction fees and computational services on the Ethereum network, giving it inherent utility beyond just being a store of value. This utility, tied to its use within the ecosystem, provides ETH with a form of intrinsic value, as you rightly failed to understand. We can all see the discussion.

Bitcoin is often referred to as "digital gold" due to its perceived store-of-value properties akin to precious metals. While it lacks the utility of Ether in powering a network, its scarcity, decentralization, and security are the primary attributes that grant it value.

Regarding KASPA or other Bitcoin derivatives, if they replicate Bitcoin's model without introducing significant innovation or utility beyond what Bitcoin already offers, they might not be considered groundbreaking in the same way as Ethereum with its smart contract capabilities or other blockchains with distinct features.

So, in essence, the distinction lies in the inherent utility and functionality of these cryptocurrencies within their respective ecosystems, determining their perceived intrinsic value.

>muh you can’t reas so I’m going to not address your comment directly
ironic and clearly went to a school that was free