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by tremarley 1301 days ago
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.

1 comments

> 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.