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/biz/ - Business & Finance

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55589175 No.55589175 [Reply] [Original]

reminder that bitcoin has no intrinsic value

>> No.55589198

>>55589175
Imagine defending USD in 2023 lmao.

>> No.55589205

>>55589175
based and truthpilled. Bitcoin is inherently worthless, it's as fiat as fiat gets

>> No.55589261

>>55589198
Cope, USD still global reserve currency

>> No.55589322

>>55589175
>bitcoin is a token

>> No.55589402

You're confusing "intrinsic" with "inherent".

>> No.55589471
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55589471

>>55589175
>tfw nothing has intrinsic value because the only value things have, is what value people give them

you would pay more for 1 bottle of water than you would for 1000 pounds of gold when you're dying of thirst in a desert.
people could suddenly change their minds tomorrow and decide they won't pay $1 for bitcoin.
More people moving to your city means you can charge people more to buy your house.

>> No.55591825
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55591825

>>55589198
USD? lol