Hacker News new | ask | show | jobs
by dan1234 1469 days ago
That's also why it'd probably never get close to zero - its utility means it'd always have some value to someone.

Even if we were to come up with a way to produce a synthetic gold, the price of gold would only fall as far the cost of synthetic gold.

1 comments

Does this line of reasoning imply that if Bitcoin never goes to zero then it must have some utility even if the random person on HN cannot articulate it?