Quote:
Originally Posted by adultinnovation
everyone wants it.. the general public don't give a shit about bitcoin.. hell not even the people who buy bit coin give a shit about bitcoin.. they only buy it to sell it for dollars
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that's not intrinsic value, that's want based on fiat being the standard medium of exchange and having trust the government will back it. there is no intrinsic value in deflationary fiat, it will decrease in value, no one wants that.