Bitcoin Has No Intrinsic Value


One of the biggest objections to Bitcoin is that opponents claim there’s nothing that gives them value. It’s all a bunch of 1s and 0s! Let’s explore the idea of intrinsic value and why it’s bullshit.

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Resources

Subjective Theory of Value – Mises Wiki: https://wiki.mises.org/wiki/Subjective_theory_of_value

Further reading:
The Bitcoin Standard – https://amzn.to/2CRJQ8L

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Music:
Joakim Karud – Dreams
Kontekst – Swaggae

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