Hacker News new | ask | show | jobs
by cryptos 4600 days ago
Bitcoins don't have a "true" value by definition. The value is the belief of the Bitcoin crowd.
1 comments

Value is subjective. Nothing has "true" value. Everything has value because people give it value including, since so many people use it as a counter, water. Water is definitely the closest thing we have to "true" value today but looking into the future I can definitely see technology eliminating our dependence on it.