Author

Topic: 2012-10-06 Hacker News - Bitcoin's Value is Decentralization (Read 1042 times)

full member
Activity: 210
Merit: 100
Yes, but it's still on front page of Hackernews.
legendary
Activity: 2114
Merit: 1031
Does that say June 17, 2011?
full member
Activity: 210
Merit: 100
Front page, Hacker News:

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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