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RE: Is Bitcoin a Fiat Currency? | Does Bitcoin Have Intrinsic Value?

Difficult Economic Concept...Explained Simply, Well done.

I happen to agree with you, I can easily see the price of Bitcoin rise to $100,000 per coin. Even though I am on the side of :

Bitcoin doesn't have the amount of intrinsic value to warrant that price, but I agree it has some intrinsic value.

The key here everyone is that everything is denoted in USD. The value of USD will continue to fall and the politicians will say they did a great job rising the prices of assets...especially the Stock Market

If the stock market was measured in terms of DJIA/BTC, It wouldnt be having such a good few years.

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