yingyunzhuang
@yingyunzhuang
Bitcoin is a "fiat asset" it is not a "hard asset". The Fiat Bitcoin "Bitchain-Securitized Bitcoin Futures Derivative Contract Token" has only a small actual intrinsic value owing largely to the novelty and curiosity of it's uniquely secured residence in the secured encrypted exchange-chain in which it only functions and resides. It also has utility value in the way it's easy to conceal, easy to transport, impossible to counterfeit, is mutually owned and profited from buy all of it's users alone and hopefully (more so in the future) requires no third party to use as a barely somewhat viable "medium of Byzantine-exchanges".
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yingyunzhuang
@yingyunzhuang
It's utilitarian value is only that of a contract-token of the past value of the last transaction in which it was involved where it's former owner, by mutually agreed upon "fiat", made off with the asset value of it's current owner. It still has no value other than in the mind of it's current contract owner who bought it's "futures contract" in hopes of getting and making off with an equal or greater asset value for it's possession in the future, when he trades it in (for another fiat labour exchange currency) or "exchanges" it some other product or service. The reason it's grossly unstable "fiat price" (intrinsic+utilitarian+exchange value) changes so radically, nonsensically and foolishly with such suicidal volatility is because it is abused by it's supposed "promoters" as if it were "somebody else's" penny-stock, ideal for speculators to "play" by "penny stock marketeering" trading-speculation "exchanges" who think they are Wall St.
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