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Thomas
@besserboerse
„Just like Gold Bitcoin is not valuable because it is useful. It is useful because it is valuable.“

Great quote that Niko Jilch brought up. It expresses what many people still don’t get: Bitcoin is useless in any way other than its intended purpose: being digital money.

#Bitcoin
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Jake Woodhouse · 6d
Saifedean makes this point very well also Was a real penny drop moment for me The key characteristic of money
leadbyexample · 6d
I tried for a minute wrapping my head around it, but no, I don't agree. Bitcoin, like gold, is valuable because it's useful AND scarce. Value is never intrinsic.