/biz/ - Business & Finance

Judge Doom Sat Jun 23 13:19:26 2018 No.10002673 [View]
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>>10002604

>Whether or not it has value or utility is up for debate, but I think the same arguments applie to Bitcoin.

>IMO it has value as a commodity which requires computational work to generate and distribute.
Proof of work + scarcity (i.e. Bitcoin generation and distribution) has historically produced value.

>Greater fool theory is arguably applicable, but even if that is correct, how will that prevent it from being successful?

This is exactly what I mean >>10002451

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