Submitted by 4vrf t3_11wg8v3 in InternetIsBeautiful
4vrf
4vrf t1_ixpqwmm wrote
Reply to comment by Macrophage87 in Is anyone interested in a cryptocurrency meetup? by app_priori
Bitcoin's value comes from its properties. It is scarce, it can be transmitted around the world in seconds, it is easily divisible, it is created on a set schedule (which diminishes over time towards scarcity), and it exists outside any centralized organization. It's valuable for the same reasons that gold is valuable. It's a "backup" international value system. Sure, they are not identical, (gold is sometimes used in jewelry and has a longer history, Bitcoin is volatile in the current market), but gold is not easily divisible or instantly transmittable, and its possible that a couple decades from now bitcoin's price would be as boring as gold's is today. As for paying rent or buying groceries etc, you can't do those things in gold either, but it has value. To be clear, I am not a bitcoin nut or anything, I am of the opinion that most crypto is dumb/useless, just trying to provide a balanced perspective if you are actually wondering what actual value people see.
4vrf t1_ir3jhs1 wrote
Reply to An anonymous polling site for sensitive topics, with live stats and a heatmap (NEW: add your own questions!) by bowelcrusher
Cool project! Well done!
4vrf t1_ir3jedl wrote
Reply to comment by BostonBrandToots in An anonymous polling site for sensitive topics, with live stats and a heatmap (NEW: add your own questions!) by bowelcrusher
He means give it to someone with an opposing viewpoint
4vrf t1_j0aqlir wrote
Reply to Late train, Me, Pixelart, 2022 by vixit_art
Man, its really coming down out there! Well done