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RE: Is Bitcoin a Fiat Currency? | Does Bitcoin Have Intrinsic Value?

in #cryptocurrency7 years ago

Of course Bitcoin has no intrinsic value. It is worse than fiat money. Fiat money is at least backed by confidence in the government and you can actually hold them and see them. I watched this entire video and not a single one of those 22 supposed intrinsic values are intrinsic value. Peter is actually factually correct and the bitcoin pumpers are the ones who are lying, at least about intrinsic value.