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Topic
Board Beginners & Help
Re: Why do people assign value to Bitcoins?
by
Akka
on 02/11/2012, 16:28:06 UTC
I can't pay taxes with it. I can't fund my credit card with it. Why do people value Bitcoins at $11 a piece?

Hehe, first post and probably your last?

Is it just me or do recently a lot of accounts pop up, crating on single thread and are then never seen again.

But just in case this is a real question:

Bitcoins provide the usability of cash, although you can instantly pay them in every wallet world wide.

This usability provides value.

The fact, that they can't be printed instantly by anyone (infation resistant) increases the value even more.

And then they are only a few of them + most of them are horded and not available on the open marked, causing a high price.