@HbdNrx @Outsideness @AnarchoPapist @NRxNorth I read the link. Assumes that it pays literal cash money to be intrinsically valuable.
@soapjackal the point is that bitcoin will most likely not have any value in the medium-term
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@HbdNrx you see youre making an error here -
@HbdNrx it has value to a great many people, even if thats just a function of accounts and impossible to steal property. -
@soapjackal my position is that its current value is entirely based on misconceptions -
@HbdNrx and you have yet to substantiate this position -
@soapjackal I have yet to see where the intrinsic value of bitcoin is. see http://www.bloomberg.com/news/articles/2013-12-04/greenspan-says-bitcoin-a-bubble-without-intrinsic-currency-value …
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