Post
Topic
Board Bitcoin Discussion
Re: A simple proof that Bitcoin has zero value
by
fxsurfer
on 27/09/2018, 18:07:49 UTC
A hacker can theoretically deplete everyone's wallet, or exploit all the coins available, or do other global destructive things in a short order. Therefore, Bitcoin will be worth zero if we are not careful.

Yes, if Bitcoin is found to have a serious flaw and cannot reasonably be useful as a medium of exchange and/or a store of value, then it is worth absolutely nothing since it has no other purpose. (Unless it can be fixed before serious damage occurs. Or reversed altogether.) However, I do not think the people of Venezuela take solace by the fact that at least their paper money can be used as a cheap fuel for a fire, or make paper purses, when things get bad.  Cheesy







Yes, and I do not think that people with crashed Ferrari take solace by the fact that at least their luxury sport car can be used as a cheap scrap metal when things get bad.  Cheesy




So, the point of your logic is exactly what? That fiat monetary "vehicle" is BS because some corrupt governments don't know how to "drive it"?