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Thoughts on Bitcoin and intrinsic value...

HODLTarantula(HT)🏴‍☠️Sovereign Maximalist

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17,070 次观看 • 5 个月前 •via X (Twitter)

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"Bitcoin has no intrinsic value". Yes! You're right. And that's exactly why it IS valuable.

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Christine Lagarde says that while Bitcoin has “no intrinsic value,” it “may prosper and may last forever.”

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“Whenever someone tells you that Bitcoin has no intrinsic value, there’s $1.12 trillion that disagrees with you.” – Checkmate That’s capital choosing Bitcoin as savings. Bitcoin isn’t going anywhere.

“Whenever someone tells you that Bitcoin has no intrinsic value, there’s $1.12 trillion that disagrees with you.” – Checkmate That’s capital choosing Bitcoin as savings. Bitcoin isn’t going anywhere.

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NEW: 🇺🇸 Vanguard CEO says customers should not put #Bitcoin in their portfolios because: - No intrinsic value - No cash flow ngmi

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Yes, the president of the European Central Bank said bitcoin has no intrinsic value. And yes, she’s trying to make a CBDC to control all of Europe.

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BREAKING: 🇮🇳 RBI Deputy Governor T. Rabi Sankar says Bitcoin has no intrinsic value and is purely speculative, like tulip prices during tulip mania. The underlying blockchain technology is revolutionary.

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In 2013, Peter Schiff said Bitcoin "replicates all the properties of gold, even improving on some of them." His only problem with it? "No intrinsic value." The network, censorship resistance, borderless settlement, that's the intrinsic value. BTC was below $1k at 2013's end. Even after the recent pullback you're up over 67x. And the institutions whose entire business is making money? They're piling in. I guess they see the value. Funny how that works.

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Does #Bitcoin perform well during crisis? Yes. Once again, #Bitcoin was available when nothing else was. #Bitcoin is the only 24/7 free market we have left. What's the "intrinsic value" of that? Ask those it saved that Sunday night 🙂 Ignore noise. Stay humble and stack 🫡

Does #Bitcoin perform well during crisis? Yes. Once again, #Bitcoin was available when nothing else was. #Bitcoin is the only 24/7 free market we have left. What's the "intrinsic value" of that? Ask those it saved that Sunday night 🙂 Ignore noise. Stay humble and stack 🫡

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honest thoughts on #bitcoin

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