Post
Topic
Board Bitcoin Discussion
Re: Does Bitcoin have real value?
by
BlackHatCoiner
on 22/06/2022, 14:19:09 UTC
the fact that Bitcoin is finite doesn’t by itself make it a value. Scarcity does not determine whether something is a value or not.
But, it's not scarcity that makes it valuable; it's the scheduled inflation, the transparent monetary policy, part of which is scarcity. Bitcoin could, normally, operate with tail emission which would mean, it'd inflated to infinity. It's the absence of arbitrary inflation that matters.

The US government requires traders to give them US dollars whenever a trade occurs (i.e., taxes). This requirement is forced at the point of a gun. The US dollar is, at its core, a type of ticket that you must give to the government to allow you to live.
Don't take this personally, but the way you've formed how this world works is honestly gloomy the least. It's not a surprise you don't find value in bitcoin, because you neither find value in freedom, privacy and censorship-resistance either.

Fortunately for the rest of us, this world is consisted of people who perceive things in a different way. There's an admiring number of people who disapprove your assertion. Bitcoin is, therefore, valuable for those.