Post
Topic
Board Economics
Re: "Backing" - what does this actually MEAN?
by
Rassah
on 19/12/2013, 04:55:14 UTC
You could probably find a small use value also in bitcoin. I can only think of bragging rights for having mined a large number of coins.

I would posit that bitcoin's use value comes from it being the only token that is usable on the enormously valuable bitcoin network.