Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: What is the nature of the value of Bitcoin?
by
Lily Garver
on 07/08/2021, 13:29:49 UTC
⭐ Merited by RainbowKun (1)
Value itself is illusory, invisible and intangible, yet it actually exists. It is undifferentiated or abstract human labor condensed in commodities. Such human labor is substantially given by collective consensus. Therefore, the nature of value is consensus.

Yes, Bitcoin has accumulated consensus as early as 10 years ago. Here, it is the same as gold and diamonds, with a layer of consensus support, but the difference is that diamonds and gold are physical objects, while Bitcoin is a virtual existence. Internet-based products and impeccable technology were born, but gold and diamonds are scarce and recognized by governments.
I think the consensus of Bitcoin is energy. It is more solid and powerful, because it can solve many problems in the current financial system. It can affect finance, and it can affect everyone. It can affect a country or even a country in the world. There are contradictions.


Finance reflects people's livelihood, people's livelihood can reflect a country's basic quality, and basic quality can reflect a country's national conditions and ideas.
The world may be much less due to territorial conquests, but now how many wars are because of currency, how many are because of energy, and people living in happy and peaceful countries cannot imagine that some countries are so poor that they traffic children and women, I remember There is a very famous writer in China named Lu Xun. He said in his little book,
Quote
It's my brother who eats people! I am the brother of the cannibal! I was eaten myself, but I am still the brother of the cannibal!
What a tragic mood to write this kind of text, I can't imagine, these few lines of Chinese text, every word is desperate and desolate,But now there are still some countries, even the capital of the country is alive without a spine, and the people are even more desolate and hopeless. I used to simply think that Bitcoin is speculation, a kind of Internet finance, but now I am more and more aware of the existence of BitcoinNot only that, Satoshi Nakamoto must be a great man with a great mission.