a huge amount of people buy music, films, videogames, applications and whatever else through an appstore, and all of what they get is only ones and zeros.
Before that was cds, dvds, game cartridges and floppy disks, and they were just physical containers of ones and zeros.
For a very long time ones and zeros have been traded for money.
Everything you've listed there has actual value to me; there's a benefit to me in acquiring those 1's and 0's. There's no direct benefit to acquiring bitcoin 1's and 0's, beyond what other people believe they are worth, and therefore what you can trade them to other people for. You still aren't getting this.
Hahaha, how is it you are saying I'm not getting this, when it's clear you are not getting this?
Actual value to anything at all, is purely subjective.
An example:
Back in the 90's a brand new compact disk with about 10-20 songs on it was typically in the range of about 10-20USD.
It did not matter whether or not you valued the pattern of ones and zeros on it, that is what the price was set at.
It's the same ideology of the US Dollar, the only reason a Us Dollar is worth the amount it is in comparison to the British Pound, is because the IMF says so.
How is it you can't see the value of a bitcoin, when The US Dollar is as baseless as Monopoly money?
the Bitcoin, is worth the amount of electricity spent, services spent, processor cycles spent and hardware spent all in time against a difficulty rating used to solve the blocks.
TL;DR
The actual cost to a miner is the intrinsic value of each of a miner's Bitcoins.
The decision to sell a bitcoin must be equal to or greater than the cost used to solve a block.
Are you still being contrary or does it make sense to you now?
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