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66 sats \ 1 reply \ @DarthCoin 29 Nov \ on: The thing is, it is the thing bitcoin
Bitcoin isn't backed by anything
Who says that bullshit should read this old article from 2014, by Jefferey Tucker: https://fee.org/articles/what-gave-bitcoin-its-value/
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5 sats \ 0 replies \ @crrdlx OP 30 Nov
From the FEE article:
The payment system is the source of value...
As I understand, that's exactly what I'm saying with "the thing is, it (Bitcoin) is the thing." The system itself (Bitcoin) is what gives the value to bitcoin the money.
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