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by melvinmt 4806 days ago
We have to be careful when we question the "real value" of specific assets as we may tumble in an essentialist philosophical debate where we have to question the "real value" of every single asset in the universe. There is no inherent difference between gold and bitcoins, they're both scarce assets, one in slightly higher demand than the other. The value of assets is mostly[1] determined by both supply and demand, and as long as the demand is higher than the (more or less) fixed supply of bitcoins, the value will always be > $0.

[1] Please enlighten me if you know more ways of determining the value of assets.