[natrius]

Currency is a collective delusion. It's valuable if everyone believes it is, which is why precious metals trade higher than their usefulness in industry.

I don't think Bitcoin's delusion will last more than another decade. We'll probably find a way to design a delusion that distributes value "fairly" rather than to a class of nerd overlords. But until then, it's a fun story to watch.

[joosters]

But countries' currencies have a real value in that they are the only way to pay taxes.

If the only way to obtain water was through my exclusive 'magic beans' tokens, then they would have real value too.

Bitcoin ownership gives you nothing, except perhaps an increased risk of hacking losses...