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by fastball 1753 days ago
No, that is a fairly straightforward explanation of Bitcoin's utility. Bitcoin did two fundamental things:

- it was actually useful for people transacting things

- it introduced the world to blockchain as a general technology, which at this point many new things (which people find useful in ways more complex and more varied than the above) have been built atop.

The idea that BTC would be worth $0 without speculation is just poor reasoning. It misunderstands the past, ignores the present, and doesn't even look to the future, so not surprised you didn't pick up on this particular trend.