Post
Topic
Board Economics
Re: Is Bitcoin Over?
by
medicalmiracle
on 19/01/2019, 08:15:17 UTC
To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8

Things I talked about:

1. Bitcoin's intrinsic value
2. How it could help underdeveloped countries
3. How it could help developed countries
4. Censorship

Now I wanna ask your opinions on my main point which is:

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention.

So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8
I’m sorry, but I don’t really understand what you mean in the last sentence you made – you said decentralization is for the purpose of censorship resistance and fraud prevention. OK I might agree with the first, but how does decentralization prevent fraud? Oh! And if there is censorship resistance, how the heck does it help when someone gets scammed? Decentralization doesn’t stop fraud please, but that doesn’t mean I’m against it, but get your facts right.