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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
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Poster Handle
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Anonymous Coward |
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Post Content
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Can someone explain why this bitcoin has any value? I'm not trying to be an ass, but I just don't get it? It's based on what?
Quoting: 4doggies The Mayan's valued and traded with sea shells. yep and those sea shells were physical and probably still are there. Again, bitcoin has NO PHYSICAL EQUIVALENT AT ALL. Bitcoin is like you going back to the sea shells barter time and telling the seashell seller that you take 5 seashells for NOTHING. If the seashell seller might have a strange kind of humor, he'd probably give you those 5 seashells cause he recognizes that you've used a lot of thinking-energy to come up with that scam. Do you have a $1 in your pocket? That bill is actually worth less than the value of the paper it is printed on. Let that, like the ink on it, sink in. Monetary value is velocity. No, monetary value is not velocity. Monetary value is a fraud, so is everything attached to it.
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