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by pkulak 4187 days ago
> Bitcoins are worthless.

So is the US dollar.

1 comments

To act as a good currency, the currency should be almost worthless (or worth a lot less than the value it represents).

USD and Bitcoin are both good currencies, in part because they are worthless.

To flip it on it's head - if a currency is worth more than the value it represents then no one would spend anything.