A house has an "intrinsic" value: you can live in it.
Basic foodstuff also have an intrinsic value: they satisfy hunger.
Investing in goods with intrinsic value makes these goods expensive or unaffordable for people who really need them.
Therefore, the "lack of intrinsic value" of #Bitcoin in this sense is a feature, not a bug.
ACHTl
npub1hft…j778
2023-08-09 11:23:43
in reply to nevent1q…qgpj
Author Public Key
npub1hft8xwd9txvt9qz99dmqxmdfuvx7h6rxwc37xvjd7t87lwnrvkcsewj778Published at
2023-08-09 11:23:43Event JSON
{
"id": "2f8b66a255d8a4a2ac94efdfd1d7f61eba8c1303de78124ee22f0ed7d1d2058e",
"pubkey": "ba567339a55998b280452b76036da9e30debe8667623e3324df2cfefba6365b1",
"created_at": 1691573023,
"kind": 1,
"tags": [
[
"e",
"5a7f7d0d5cdf3397fd9abe6025f17277ead17be7f3f9ff747d7b101d9a7f1d2c",
"",
"reply"
],
[
"p",
"026d8b7e7bcc2b417a84f10edb71b427fe76069905090b147b401a6cf60c3f27"
],
[
"t",
"Bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "A house has an \"intrinsic\" value: you can live in it. \nBasic foodstuff also have an intrinsic value: they satisfy hunger.\n\nInvesting in goods with intrinsic value makes these goods expensive or unaffordable for people who really need them. \n\nTherefore, the \"lack of intrinsic value\" of #Bitcoin in this sense is a feature, not a bug. ",
"sig": "083d656d52d87734ad339de510b8c9aec20c0b4926b43e2182d94873a57338596b79d913fbe9904ef7c92ccd4857064f99dc89eeadfce2fe1cf20bdc6454e5b1"
}