RE: Is it possible to find Bitcoin's intrinsic value?

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Is it possible to find Bitcoin's intrinsic value?

in bitcoin •  7 years ago 

Yes, this is based solely on the illicit drug market. It is basically pricing it as if there were no other use cases or adoptions for the coin

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The illicitness would mean a massive crime across the globe. I believe that just like gold or other pegged fiat currencies. This has come into being but internet based hence its value is realized through the exchange conversion widely acceptable.