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Replying to Avatar Trivium

The "intrinsic value" question was my personal #Bitcoin Rubicon that stopped me for so long as a recovering gold bug. The Socratic Method helped me.

The question I asked myself was "does the TCP/IP protocol have "intrinsic value"? And by extention, does the internet itself have "intrinsic value"? My answer was definitively yes, but it was not necessarily tangible. I wrestled with this for awhile...The Bitcoin protocol is the same, but it has a price attached.

I bought in size the next day and haven't stopped.

I should have just listened to more episodes of Bitcoin Audible...it may have saved me time, but not the proof of work!

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WaffleWater 4mo ago

I hate the term "intrinsic value" its a complete oxymoron. Value is never intrinsic its something that has to be ascribed. Properties and characteristics can be intrinsic but someone or something has to choose to value them.

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