Isn't that basically what bitcoin is?
We can hardly buy anything with it. We just give it value for the sake of giving it value.
Matter of fact, let's do just that for the heck of it, see how far we can go with it. I'll pick up a rock and call it Akorn and put it up for $10. I'll buy it back for $10 and let's see how much it'd be worth by the end of the year.
Well, it’s not just about picking up a rock. In the olden days there were times that rocks were used and stored by people as an asset. But the difference between that and what you have said here is that they didn’t just make use of any rock, instead they used precious rocks or stones or you can as well call them gemstones, however you want to say it.
And these precious stones were not the every day type of rock you see, they are usually scarce. Diamond is one of those precious stones that they used. Others were emeralds, sapphires, and rubies. Next are precious metals like gold. The way bitcoin is built, it is similar to these precious stones and metals. I think you should take time and study bitcoin to understand it.