Oddbean new post about | logout
 What can you do with Bitcoins? Are they good to eat? Perhaps you can melt them down and make useful tools? 
 Save, trade, create multisig contracts... If people can see the value potential (even before the network effect exists) then you can bootstrap a market valuation. That is literally what bitcoin has already proved.

But all value is a function of knowledge & therefore subjective. If no one knows what a thing can be used for then it is basically worthless. 
 It’s an uncensorable, unonfiscatable digital medium of exchange with a highly liquid market. Not everyone will value this utility but this is the core utility of #Bitcoin. 
 Sounds great, how much will 10 kilograms cost me?