Post
Topic
Board Bitcoin Discussion
Re: [VIDEO]The Empirical Proof of Bitcoin's Real Value Being Zero
by
shield132
on 03/02/2020, 21:10:09 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
Personally I don't give an attention to such videos, doesn't matter whether it will be bitcoin related or not.
What has value? Can you really tell me? What's good and what's bad? We decide it, yeah? So can 100% say the same on value. Nothing has value in reality, for lion it doesn't matter whether you give it gold or iron, food is what they are looking for and crave.
The value of gold, oil and etc, all of this is psychological factor.
If we think like the author of video, then USD has no value, it's just a piece of paper and I own 48 of them in notepaper and I have 100x such notepaper, I should be very rich. But again, value is psychological factor.