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/biz/ - Business & Finance

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57039504 No.57039504 [Reply] [Original]

what is Bitcoin worth?

>> No.57039530

>>57039504
it's fiat and will return to its intrinsic value of 0

>> No.57039584
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57039584

>>57039530
>it's fiat

>> No.57039679

>>57039584
>backed by fiat

>> No.57039712

>>57039584
its value is made up so yes by definition it is fiat

>> No.57039764

>>57039504

What someone will sell an item for one

>> No.57039829

>>57039504
Tim Draper thinks 250k, Michael Saylor 300k, Cathie Wood and Bitmex Arthur say 1 million. In other words, it doesn't matter - we've already /made it/.

>> No.57040466
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57040466

>>57039712
>its value is made up so yes by definition it is fiat
all value is made up, are you retarded

>> No.57040478

>>57039504
1 BTC

>> No.57040494

>>57039712
That's not what FIAT means. It's about creation, and unlike FIAT, Bitcoin takes calculation/electricity to create.

>> No.57040539

>>57039504
About as much as the cabal is willing to give you(or take away from you)..

>> No.57040561

>>57040539
Didn’t mean to double period

>> No.57040568

>>57039504
whatever retards will pay for it

>> No.57040639
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57040639

>>57039530
>intrinsic value