@soapjackal @Outsideness @AnarchoPapist not seeing the value in block chain tech. @NRxNorth made one suggestion earlier, but it's uncertain
@soapjackal @Outsideness @AnarchoPapist @NRxNorth no, people will buy goods and services even if they can't sell them.
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@HbdNrx@Outsideness@AnarchoPapist @NRxNorth in which he posts the example of stocks that literally pay money in the form of dividends -
@HbdNrx@Outsideness@AnarchoPapist @NRxNorth more over that usage of intrinsic value, by the authors own words, isnt the best predictor -
@soapjackal We all know that intrinsic value is not the only factor in the short-term price. The examples aren't as important as the def. -
@HbdNrx@soapjackal Even something useful can be worth $0 if you can't sell it. Say a used piece of 2x4 you find on the street. -
@Costofles
@HbdNrx you can sell a used piece of 2x4 it just may not be worth the opportunity cost to do so -
@soapjackal@HbdNrx Depends on where you are. In my neck of the woods junk lumber is easily scavenged. Market value <$0.01 -
@soapjackal@HbdNrx But more to the point, I can picture a future where no BTC blockchain code has been compiled for contemporary.... -
@soapjackal@HbdNrx ....computer systems. BTC/USD would effectively be $0.00 for practical purposes. - 8 more replies
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