⚡️💬 "Bitcoin is worthless. It's backed by nothing."

This is the magic objection of those who missed the train in 2013, in 2017, in 2020... and still today in 2025.

And yet, this phrase betrays a profound misunderstanding of what value is.

First of all, what is "intrinsic value"?

Let's take a $100 banknote. It's made of paper. Literally. Does its value come from its physical composition? Obviously not.

It's only worth $100 because everyone agrees it is.

The truth is that value is a social construct. It is never "intrinsic". It is subjective, contextual, conventional.

What about Bitcoin?

Bitcoin is not "backed by nothing". It's backed by a technology, a protocol, an immutable promise:

✅ A limited supply of 21 million units,

✅ A decentralized global network,

✅ Resistance to censorship,

✅ Unrivalled network security,

✅ Absolute neutrality.

That's what you buy. And obviously, more and more people are seeing value in it.

Those who say "it'll go to zero" forget one thing: Bitcoin's value isn't what it is, it's what it enables.

It enables people to get out of the inflationary monetary system. It enables individuals to preserve and protect their savings. It enables entrepreneurs to hold a sovereign, incorruptible asset.

Bitcoin is backed by an idea whose time has come.

Reply to this note

Please Login to reply.

Discussion

The value of 1 bitcoin depends on your location.

It would be very different if you were on bitcoin beach compared to Pyong Yang.

Bitcoin has value in the USA because Donald Trump wants it to at the moment. That may not always be the case.

Yeah bitcoin didn't exist before trumps 2nd term

Yeah that matters because?

Because your statement claims trump is setting bitcoins price.

Well not really. It claims it is rising because he wants it to. Think of it like a helium balloon that he’s watching rise, but holding a pin that everyone hopes to be able to ignore

Sure short term price action. Long term it's physics and economics

Not really. If the US banned bitcoin there are plenty of other digital or fiat coins that could take its place, especially if the US introduced a CBDC. How many people would be talking about it as viable if it lost 99.99% of its value

Lol sure buddy. Keep learning

You too. Here’s a freebie: a sneer has yet to win an argument

lol that you think it’s an argument is why you’re wrong

I don’t think you have an argument

You are right I am telling you why you're wrong and you are free to figure why.

If you want me to hand hold you my fees are 0.05 bitcoin per hour.

You weren’t very effective when you were actually attempting to have an argument and now you’re trying to argue without one?

Buddy no one cares figure it out or buy your way out

Sleep tight jr