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Hendricks MN | A bushel of corn to the average person is worthless. All they could do is trade it to somebody who thinks it has a value. As long as someone thinks bitcoin has value it will. Can you walk into McDonalds and pay with gold? Does that mean gold has no value?
I personally think bitcoin is overvalued right now but that doesn't mean it has no value. If you want to transfer 10 million dollars half way around the world a cryptocurrency like bitcoin works better than a boat load of corn. All you need if for both parties to agree on the value. | |
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Question about a Tesla buying Bitcoin
