Quote from: antikvark on February 04, 2020, 10:32:10 AM

Quote from: Kuffy on February 04, 2020, 09:26:56 AM

People don't seem to be able to grasp that virtual assets can have real value. A novel is one example that I provide fairly often. Wouldn't it be great if schoolteachers, and the media could discuss real life topics, and not keep regurgitating globalist pap.

People don't seem to be able to grasp that declaring something "virtual asset" doesn't automatically mean it has value. Value is the benefit that a thing in itself provides to people. In goods and services this banefit is the ability of a thing to satisfy a particular want. In financial instruments this benefit is payment that instrument issuer makes to instrument holder. Bitcoin is a few digits in a memory. So one cannot use it for want satisfying. Nor its issuer pays something to its holder. This renders Bitcon worthless and declaring it asset, money, digital gold, coin, or whatever, won't make this fact go away.

All of this is based on belief systems.

here are a few

"Nothing has value to anyone. The reason is Basically we will all be dead and who really gives a fuck about anything at all."

Now drifting away from that belief system is this belief system.

"BTC has value."

Is there any difference no none both are things or ideas people can believe or not believe.

Right now as I type there are enough people that believe BTC has a value over 9000 USD to keep it above 9000 usd.

You are saying that it is worthless with no value at all.

Neither group is correct. It is just what they believe in.

At the moment you are believing an untruth since no one will give you btc for free. they will want 9000 + usd.

One day when all the people in the world are dead you may be correct in your belief.

If it was 2007 or earlier you were correct. Most of us choose to believe btc was so motherfucking worthless it did not even exist.

Right now in 2020 you are are the wrong side of this particular belief .

I would wish you luck for believing in zero value, but frankly I prefer to believe it is up up and away for my coin of choice. 25,000 + usd by 2021