Virtual property in video games will actually be a better way of transferring value without oversight than Bitcoin will end up being.
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Yeah, I agree, bitcoin is worthless, however the confidence in it determines its value. Worth and value are not the same thing.
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Eventually things have value for reasons. Even expensive art (very hard to justify those prices though). Bitcoin will eventually converge with its true value.
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in a rational market I'd agree. However, humans are not rational actors!
End of conversation
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