Post
Topic
Board Bitcoin Discussion
Re: [VIDEO]The Empirical Proof of Bitcoin's Real Value Being Zero
by
chip1994
on 02/02/2020, 07:12:42 UTC
The linked 5-minute video provides a simple and undeniable proof that the real value of Bitcoin is zero. It does that by showing that Bitcoin lacks the fundamental feature for which all financial instruments exist in the first place, and that is to provide payment to their holders.

https://youtu.be/WSYTXmxPveY
Yes, I know this very well. Surely no one here wants to hold on to a volatile asset class and there are very few services that accept payments in bitcoin. But that's just the situation at the moment. What do you think about half of the world's population believes that bitcoin is digital gold? then many people will put money to buy bitcoin because it is traded a lot on large exchanges and buying it is easy. We can buy it for the right price and very low fee. As the crowd increasingly accepts that, the world will adopt a new type of digital asset. our world can happen anything, it is important how the crowd will prove it. I believe that bitcoin is now worth nothing, but one day in the future it will become the easiest asset to use and exchange. Wink