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

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Viewing a response to: @louisthomas/jvetynn8

· @volfenhauser ·
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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