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RE: Is it possible to find Bitcoin's intrinsic value?

in #bitcoin7 years ago

It's a really interesting point of view! But does it really matter the intrinsic value of Bitcoin? At the end all that matters is that many people have chosen it as the way to make comercial transactions, and this people are the ones who will give and take power from it.

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Exactly, money (in it's true definition--not cartel banking definition) doesn't necessary have NOR need intrinsic value. It's just the medium for the exchange of items that do contain the value. Money is an accounting method at the end of the day.