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Because the only utility it has is that it appreciates over time. Of course, until it no longer does, then becomes worthless.


And that I can send money worldwide to anyone at any time with no middleman.


No, you can send arbitrary hashes to anyone at any time. It's just a mutual agreement that those hashes are worth anything at all.


And so is our physical money a shared belief that those pieces of plastic are worth something as well. Really though man, this argument has been hashed out in so many places on the internet innumerable times. Stop the downvoting and let's agree to disagree.


This mostly matters for avoiding capital controls. Those shouldn't exist in the first place.


D5CF5A343CEE5CF02556B7790D24C950495E04B9 Really a reply to the sibling.




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