Bitcoin Forum

Bitcoin => Press => Topic started by: _smudger_ on May 07, 2014, 02:51:56 PM



Title: [2014-05-07] You Say Bitcoin has no Intrinsic Value? 22 Reasons to Think Again
Post by: _smudger_ on May 07, 2014, 02:51:56 PM
http://bitcoinmagazine.com/12846/you-say-bitcoin-has-no-intrinsic-value-twenty-two-reasons-to-think-again/


Title: Re: [2014-05-07] You Say Bitcoin has no Intrinsic Value? 22 Reasons to Think Again
Post by: bryant.coleman on May 07, 2014, 04:15:33 PM
It is wrong to say that Bitcoin has no intrinsic value. We get Bitcoins after spending a lot of electricity and capital (on mining equipment) to mine the coins. So it is similar to gold. It has some intrinsic value.