Quote:
Originally Posted by nawfoo
bitcoin is like digital gold. There can only be a certain number of bitcoin in circulation
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Not everything that's in limited availability is in high demand/cost. Look at artists' works: only a few are recognized as masterpieces and cost insanely. Those who have them can't tell them from fake/shit
, but some still can and that must be what's making the value. You can make hardware from gold and wear it.
What about "bitcoin" whatever you mean by that?
Quote:
Originally Posted by iminhell1
But really it's not much different that stocks that don't sell any goods or services and use stock for day to day operations.
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Stocks and derivatives are ultimately connected to valuables (goods or services), aren't they?
Quote:
Originally Posted by P1
At times, I think this will all end up being the largest scam the world has ever seen.
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I think the "pandemic" is a valid contender.