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0 pointspkulak11y ago0 comments

> Bitcoins are worthless.

So is the US dollar.

0 comments

To act as a good currency, the currency should be almost worthless (or worth a lot less than the value it represents).

USD and Bitcoin are both good currencies, in part because they are worthless.

To flip it on it's head - if a currency is worth more than the value it represents then no one would spend anything.

j / k navigate · click thread line to collapse

0 pointspkulak11y ago0 comments

> Bitcoins are worthless.

So is the US dollar.

To act as a good currency, the currency should be almost worthless (or worth a lot less than the value it represents).

USD and Bitcoin are both good currencies, in part because they are worthless.

To flip it on it's head - if a currency is worth more than the value it represents then no one would spend anything.

j / k navigate · click thread line to collapse