"Bitcoin has no intrinsic value."
This is one of the main arguments against Bitcoin.
Today, I stumbled across a great response to that argument by Reggie Middleton, creator of Veritaseum.
Check out the video below, He begins the explanation at the 2 minute mark in the video.
More info on Veritaseum here:
https://veritas.veritaseum.com/
https://veritas.veritaseum.com/
https://bitcointalk.org/index.php?topic=1887061
that cracked me up :)
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