Topic: 2012-10-06 Hacker News - Bitcoin's Value is Decentralization (Read 1052 times)
Yes, but it's still on front page of Hackernews.
Does that say June 17, 2011?
Front page, Hacker News:
http://paulbohm.com/articles/bitcoins-value-is-decentralization/
Upvote, ya'll.
http://paulbohm.com/articles/bitcoins-value-is-decentralization/
Quote
Recently I've read a lot of claims that Bitcoins don't have intrinsic value. I've come to a different conclusion. Bitcoins have intrinsic value if they enable desirable interactions that are not possible without them. Bitcoin is a theoretical and practical breakthrough that makes it possible to decentralize services we couldn't previously decentralize.
Upvote, ya'll.
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