The True Measure of Bitcoin’s Success Is Bitcoin’s Price, Not Its Intrinsic Value

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In her ”3 Reasons I’m Investing in Bitcoin,” Lyn Alden puts it best, “Although it has no industrial use, [bitcoin] is scarce, durable, portable, divisible, verifiable, storable, fungible, salable and recognized across borders, and therefore has the properties of money. Like all ‘potential’ money, though, it needs sustained demand to have value.”

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