Quote:
Originally Posted by Coup
You keep railing against real money but the fact remains that bitcoins have no value without it.
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All value is subjective. Objects do not have any inherent value. When people accept dollars, euros or something else that's being used as money in exchange for something they are selling, they accept it because of the potential exchange value they believe it will have. They accept that money because they believe chances are good that they will be able to exchange that money in the future for goods and services they personally value.