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Der Blaue Mond 🌍 21 Jan 14
any scarce resource,either physical or virtual,might be an asset.An asset:a value.Scarce with demand:a price
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Izabella Kaminska 21 Jan 14
and you can corner the market for my toe nails as much as possible, unlikely 2 create a bid
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Der Blaue Mond 🌍 21 Jan 14
so... Bitcoin has a price and... its value makes it an asset. Doesn't it?. Now I don't leave any idea out ;)
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Izabella Kaminska 21 Jan 14
Replying to @DerBlaueMond
Bitcoin has a price because of myth-making. My toenails or any useless object can have value if myth is strong enough
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Der Blaue Mond 🌍 21 Jan 14
classifying demand isn't the point.I don't mind its nature.If there's demand,there's value and it's an asset
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Izabella Kaminska 21 Jan 14
Replying to @DerBlaueMond
but it's lack of intrinsic value & fixed supply ensures permanent volatility, and thus it will alway be a poor ccy
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Der Blaue Mond 🌍
I insist: we do agree. I wish you spoke spanish to read the post I wrote on several months ago. Debate ensured! ;)
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