*#Bitcoin has "no intrinsic value" in exactly the same way language has no intrinsic value.
The value of both is derived from the network it creates and what what is possible only with if that network exists.*
Discussion
But people wanna have a common language for communication. Can't force Bitcoin to be it. People choose eventually.
The scary part of Democracy is that only a majority makes the decisions 😱
True. We are living through the effects of one right now. 😂
The problem with democracy is that he who controls the media message to the less intelligent controls the government merely through a “get out and vote” campaign. It’s what leads to ochlocracy, or mob rule, where passion and emotion override reason, demagogues manipulate public sentiment, and instability ensues.