The value of Bitcoin is whatever value I place on it. Simple. The value of Bitcoin is whatever anyone else places on it. Just like anything. There is no need to make something more difficult than it is. If you don't think Bitcoin has any value, so what? It is only what is valuable to me that really counts. I'm surprised some of you don't understand that simple concept. Bitcoin only has value to those that want it to have value. Any other arguments don't really matter.
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