activity by visiting the. Even if you choose not to have your activity tracked by third parties for advertising services, you will still see non-personalized ads on our site. DAAs Consumer Choice page, the, nAI's website, and/or the, eU online choices page, from each of your browsers or devices. What I cannot get, is why there is monetary value from it?
As a footnote to this assumption, it should be stated that bitcoin s utility as a store of value is dependent on its utility as a medium of exchange.
Bitcoin is not just scarce, it also has utility.
Bitcoin also has other desirable properties.
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To be honest, that was just the 3309 bitcoin in eur physics of it, engaging in banality. Webinar: Cryptocurrency - What You Must Know. The real value of a bitcoin comes from what people think. Look, I've read all the ELI5s in reddit and the dumbing down of bitcoin explanation, and I understand how the protocol works, it's decentralized, governments can't control it yada yada. In 2017, mining bitcoin is expensive. Back in 2009, you could buy thousands of bitcoins for 20, and today its the opposite. That was its value at that time. Every token (or maybe IOU in this example) had a defined value (how many tokens/coins you hold) the system is able to determine who has how many tokens and they can be spent on a trustless manner (meaning no one can spend a coin they. This euphoria keeps increasing its value blowing it out of proportions.
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