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EpochOfTheForlorn | 10 months ago (raw) | root | parent | reply | flag 
 people want bitcoin because it's worth a lot of dollars and they want more dollars
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J.erb | 10 months ago (raw) | root | parent | reply | flag 
 people want Bitcoin because it's the most valuable and most scarce asset in the world
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EpochOfTheForlorn | 9 months ago (raw) | root | parent | reply | flag 
 scarcity != value.  there's a lot of scarce things in the world.  it's valuable because it can be exchanged for $$ dollars and there is currently a supply of people who want to make $$ dollars willing to buy it so they can make $$ dollars.
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J.erb | 9 months ago (raw) | root | parent | reply | flag 
 I said most valuable AND most scarce. And it's valuable because it's the BEST money ever created/discovered by humankind. Money should be the most salable good, and the highest form of economic energy, and this is what Bitcoin is. 

Permissionless, unconfiscatible, decentralized, finite supply, divisible, massless, and travels at the speed of light. US dollar has the last two qualities, but pales in comparison in the other aforementioned aspects of a superior money.
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EpochOfTheForlorn | 9 months ago (raw) | root | parent | reply | flag 
 bitcoin has value because it can be exchanged for $$ dollars.  if it couldn't be exchanged for $$ dollars zero people would give AF about it.