The USD has no intrinsic value. The argument that it is backed by the US government and its military has no bearing on intrinsic value.
#Bitcoin is backed my physical energy. It requires capital investment and electricity to create.
In contrast, the USD costs nothing, trillions are created with a stroke of a keyboard.
The Coin Files
npub1w6…w4fzu
2023-11-29 01:34:27
Author Public Key
npub1w6cjjl03lzgn3gj42uyh9myaqsukqcp7h2z6p35sml5sx8temy6qxw4fzuPublished at
2023-11-29 01:34:27Event JSON
{
"id": "5eda6417b08af03dd61e68ae12bcdc0517fffb31f06395ad205b7a214138f0d6",
"pubkey": "76b1297df1f89138a255570972ec9d043960603eba85a0c690dfe9031d79d934",
"created_at": 1701221667,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "The USD has no intrinsic value. The argument that it is backed by the US government and its military has no bearing on intrinsic value.\n\n#Bitcoin is backed my physical energy. It requires capital investment and electricity to create.\n\nIn contrast, the USD costs nothing, trillions are created with a stroke of a keyboard. \n\n",
"sig": "3606eaea8ae712263526461ab23e781b3f85fee8141e947867bb15195596fb83e19096c569951e1b1377143f6367e9ac8ec025f2fbdb27709888a4240bdf6e22"
}