Comment by imtringued
4 years ago
If I have all the ice cream in the world and it spoils in a week because I cannot eat all of it then it is not that wrong to say that its utility to me is zero.
By the way his argument is that any absolute value ascribed to a currency is arbitrary or rather that there is no correct number.
more that BTC is of course not a currency, because it is not backed by a state entity. I can't pay taxes with it.