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by mirimir 3199 days ago
> How can something that has no use have value?

It works well enough for me. I do stuff for people. They pay me in Bitcoin. I lease servers and stuff. And pay Bitcoin. All of that can be as anonymous as I like. So yeah, it works for me.

> Proponents continue to build castles and waste electricity hoping people bite so they can profit.

Sure, some investors do. Me, I wish that they'd find something else to screw up. If it weren't for all the damn miners, we could still mine on our own devices.

> Money is a social tool based on consensus, and today democracy and accountability, that has evolved with human societies however imperfect it may be.

So you say. I don't see any obvious connection between money and democracy or accountability. Money is what people use in trade. Trade is a private matter.

> Why would anyone give up this hard won rule of law and accountability to private individuals operating out of self interest peddling illusions about some imaginary 'freedom'?

So authoritarian jerks can't mess with them?