ACHTl on Nostr: A house has an "intrinsic" value: you can live in it. Basic foodstuff also have an ...
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.
Published at
2023-08-09 09:23:43Event JSON
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"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. ",
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