RE: Financial Education: Naysayers Will Not Make You Rich

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The “no intrinsic value” argument couldn’t even hold water when BTC was under a dollar.

Money that can’t be controlled by a single entity is the most intrinsically valuable characteristic an economy can have.



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That is true. What is also overlooked is the fact that currency is backed by productivity. With Bitcoin, it is the energy and rigs that go into running the chain. That has a lot of value as evidenced by the bills that people have to pay.

Neither GPUs or energy is totally free.

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Agreed but most people outside this space wouldn't understand that, I think, at least not in any way that is meaningful to them, but a bank account that can't be seized is other thing altogether.

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