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>You've begged the question.

No, you just asked a different question.

>What's the intrinsic value they see in Bitcoin?

Well, free transfers, for one, and not being subject to having your money frozen by online payment companies (e.g. Paypal).




"Free transfers" isn't an intrinsic value of Bitcoin. It's a benefit you get by supposing that Bitcoin has some intrinsic value.

What's the intrinsic value? Why is Bitcoin unlikely to be worth $0 in 10 years? Because it is spectacularly unlikely that gold will be worth $0 in 10 years, and similarly unlikely that a dollar will be. Virtually any trader in the world would take the other side of that bet.


Let me preface this by saying that I'm very ignorant about this subject.

>What's the intrinsic value? Why is Bitcoin unlikely to be worth $0 in 10 years?

Why does a currency require a value as anything other than a currency to be expect to have value?

Bitcoin offers a useful service. There's is no reason to believe this service will stop being useful in 10 years. Therefore, it's reasonable to expect a demand for Bitcoin in 10 years, making it worth more than $0.

>Because it is spectacularly unlikely that gold will be worth $0 in 10 years

Isn't most of gold's value based on its demand as a currency? If people stopped buying gold just to trade and store value, wouldn't current gold owners lose immensely?




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