[virgilp]

Like Retric says below, it's easy to put an upper bound to all of the other commodities on earth (and especially so to amber, since no amount of asteroid mining is going to increase that). I think the appeal of BTC is that it's a commodity [+] that's easily transferable across large distances & incurs very low storage costs. I get that. However, that alone does not necessarily make it a good store of value in my eyes; for that to be true, there'd have to be an extremely low risk of the value suddenly degrading to less than 1% essentially overnight(e.g. in less than a week). I guess here is where I disagree with lots of BTC proponents - I don't see it as "independent" of anything, certainly not of big nation-states. I don't see what would persuade people to continue to assign value to BTC in the face of events like those presented in the article.

[+] Do note that I do not accept it is "currency" - because it has low acceptability, by design.