Comment by mvkel
6 hours ago
Isn't this the same thing as saying "if everyone just agrees that a dollar bill is actually just a piece of paper, USD becomes worthless"? Albeit at a smaller scale
6 hours ago
Isn't this the same thing as saying "if everyone just agrees that a dollar bill is actually just a piece of paper, USD becomes worthless"? Albeit at a smaller scale
I don't think it is the same thing. Everyone agrees that mining the next block is valuable.
Unless they didn’t.
There’s nothing inherently valuable about crypto beyond what value people assign to it in their minds.
Okay, fine. Everyone involved** agrees that mining the next block is valuable.
Same with all money. Please research more before parroting this argument. You are not the first person to think of it.
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