Bitcoin
Bitcoin
Out of context: Reply #141
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- cannonball19780
Can someone explain to me what makes this currency valuable? What is the intrinsic value? If it equals computing effort, where does that effort go?
So far, all I can put together is that they have value because everyone agrees they have value.
- The effort goes nowhere.
Yes it's just agreementanimatedgif - What's the intrinsic value of a paper note created by government?sublocked
- Technically nothing. The note used to be promissory against gold or silver.ETM
- The effort goes nowhere.