Doesn’t someone paying for something over the internet with bitcoin even one time completely negate the argument that it has no utility? That’s what seems ridiculous about Peter Schiff’s arguments too. I don’t see how you can honestly say it has no utility at this point when people pay each other with it with no barriers and no permission. Even if I go buy a gold coin I can’t actually pay anybody with it unless I’m paying for something worth exactly that amount of gold.

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