re: #85 KGxvi

Bitcoin is a lot like gold bars to me. It has value because a lot of people believe it has value. Which in fairness is the way money works generally. But the fact that Bitcoin and crypto generally isn’t backed by governments and has no practical use/value the way precious metals do, makes it seem like a pretty dumb idea

Precious metals had no practical use before the electronic age. I would argue that that’s why they made a great medium of exchange.