Post
Topic
Board Economics
Re: Distribution of bitcoin wealth by owner
by
Rampion
on 03/12/2013, 20:53:16 UTC
Bitcoin's only intrinsic value is confidence. So "weak hands" will mean strong hands, and vice versa at some point in the future if I am correct.

The blockchain and it's many revolutionary uses (among which the possibility to transfer value in a trust less and decentralized fashion) gives Bitcoin a very definite, "real world" intrinsic value. The blockchain has multiple uses that have the potential to become more important than those of gold.

I kinda hoped you already understood that.