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by Shorel 3447 days ago
Good explanation.

Twenty years from now we will know which one has passed the test of time, Mises theorem or Bitcoin intrinsic value defying it, which I postulate is a consequence of their money-like characteristics instead of the correspondence to any physical goods.

This of course also applies to other crypto-currencies. May be any cryptocurrency that's not premined and is owned by a big enough network of people has some intrinsic value > 0, and it may be more related to the network size than to the underlying crypto-algorithm.