Post
Topic
Board Bitcoin Discussion
Re: Can you answer a couple of questions to a potential bitcoin buyer?
by
Antithesis
on 01/02/2022, 21:21:53 UTC
Given that bitcoin is not a security

This is true.

one can utilize it via its intrinsic value, like all non securities, that is, economic goods, are utilized.

This is also true.

The intrinsic value of bitcoin is watching number on a screen.

It has been explained to you multiple times now that this is false.  Either you are being intentionally obtuse and ignoring the explanations, or you suffer from poor reading comprehension.  You can say it over and over and over (and you have), but repeating it doesn't make it true, nor does ignoring the forms of value that have been explained to you.

Currently, people ask $37,000 for it.

They do not.  The smallest spendable value of bitcoin is currently valued by the market at $0.037. You certainly can by multiple spendable units of it if you want to (just like you can buy miltiple paintings, or multiple ounces of gold)
I don't care about explanations but utilization of a product that has price of $37,000. If I pay the price the only utilization I can get is watching number 1 on the screen of my mobile phone. That's the only truth. No explanation can change it.