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by johnebgd 1612 days ago
USA has natural resources, advanced technologies, and a standing armed forces that are stationed all over the world. These extract value and serve as utility.

Bitcoin is better at laundering money than many fiat currencies but otherwise it’s only wide scale utility is a speculative investment asset that only increases in value if more people create demand for its limited supply.

1 comments

Yeah, the floor value of bitcoin is probably its value in crime.
Which I think is $0 . Monero has supplanted Bitcoin in the "crime" liquidity department.