Bitcoin Forum

"Natural vs Artificial Money and why Bitcoin is the greatest thing to happen for alternative energy"   - This didn't fit in the title so there you go.  I wanted to share this article a buddy wrote whom is much smarter than I and felt it's important all Bitcoin supporters read and learn form it so that we can help Bitcoins future by educating others.  That's what this is all about and we must not lose sight of that.  You hear the Bitcoin energy pundits but what do you say back in defense?
Take a moment to read this and the next time it comes up you'll be able to respond to those trying to talk ill of our BTCeloved

https://medium.com/@melik_87377/natural-vs-artificial-money-and-why-bitcoin-is-the-greatest-thing-to-happen-for-alternative-energy-660a4ff281a2

The basis of the article is that the value of a bitcoin is determined by the cost to create it. It is an old argument, but it cannot be true. An object's value cannot be determined by the cost to create it. Consider a campfire. The cost to create it can be close to 0, but its value is very high if it keeps you from freezing to death. Likewise, the value of gold or bitcoins is not determined by the cost to obtain them. It is determined by their utility, however abstract that might be.

Furthermore, an "intrinsic" value implies an objective value, but all value is subjective. Therefore, there can be no "intrinsic" value.

Natural and artificial money both are forms of money and all the currencies are good to have the artificial money we can say that the digital money is artificial money we can access it from internet and therefore the internet is compulsory for the digital money if you have billions of income in the crypto but you have not internet the all money is useless for all the transaction the internet availability is must.