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by fendy3002 1301 days ago
I wonder if they can use it? As a noob I see that crypto value is very volatile and don't have intrinsic value, unlike gold that somehow is accepted universally as valuable.
1 comments

It has intrinsic value as it requires work to mine it. It is impossible to generate more whenever you want.

You can spend bitcoin in every country, it's valuable everywhere.

> It has intrinsic value as it requires work to mine it.

All work isn’t equally valuable. Some work is worth nothing.

> It is impossible to generate more whenever you want.

Value and wealth do not only arise from scarcity.