> The last one created, literally, billions of value for the holders.
What it literally created was billions of vapor for the holders because ~100% of that “value” was entirely make-belief.
What it literally created was billions of vapor for the holders because ~100% of that “value” was entirely make-belief.
In that sense, there's nothing special about bitcoin. It's just another shared delusion, just with fewer believers. As long as there are believers, there is value. The stronger the belief, the greater the value.
What value beyond speculation does bitcoin have?
sell (stocks or other securities or commodities) in advance of acquiring them, with the aim of making a profit when the price falls.
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In what way exactly is bitcoin helping to “short global financial system”?
And yeah. No amount of belief can make bitcoin into a viable currency.