Yeah there's unfortunately no singular video that does a good job, kinda still have to cobble together a bunch of understanding
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Replying to @benedictfritz @hodapp
As for why it has value -- anything that people can agree on as a medium of exchange (& that takes energy to create) is defined as valuable
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Replying to @benedictfritz @hodapp
It's the same reason why it feels weird that gold has value -- it's just a rock
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Replying to @benedictfritz @hodapp
But it's a rock with a limited supply that takes energy to dig out of the ground. Bitcoin is just specific numbers instead of a rocks
5:45 PM - 6 Aug 2017
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