Just because people use misnomers like "miner" or "cyrptocurrency" it NOT means it work like a real miner or a real currency. BTC is not used by the primary or secondary economic sector of any country. BTC do not have intrinsic value and cannot exist outside the bounds of the Internet. The value of each BTC arise from the fact that people is transferring monetary value from one point to another. If BTC are not used to transfer fiat money from here to there, it will serve to NOTHING and thus it will have NO VALUE whatsoever.

Now, this is completely different to say that a "miner" do not worth a dime. Care to explain what the value of a "miner" has anything to do with the fact that BTC is not a currency?


I am not offended and you are entitled to disagree with my opinion. I am just surprised with the confusion that is going on about what exactly Bitcoin and BTC means for some people here.