Unlearning MONEY

in #cryptocurrency8 years ago


I haven't met Luke, but what an perfect name for the topic.  He clearly expressed what I keep telling people


He states..

 " To those who say Bitcoin is not real or has no value: Value does not  exist in the object, value exists in the subject. The subject is the  human mind.💫  The value of gold does not exist in the gold itself, it exists in the  mind of the subject. For example, if there is no one around to hear a  tree fall in the forest, does it make a sound? Likewise, if there is no  one around to use gold, does it have value? Secondly, forget the fact  that Bitcoin is called a 'coin'. Coin is just  a word. The word coin has a specific meaning. Calling Bitcoin a coin is  exactly like calling an Ebook a book. An Ebook is not really a book in  the physical sense. Just like Bitcoin is not really a coin. But that  doesn't mean Ebooks and Bitcoin are not physical. They exist in the  physical world just as much as gold. What a bitcoin is is an agreed upon  ledger that says you have a quantity of something. That ledger exists  in the physical world and it has value in the mind of the subject.  Bitcoin is just as real as gold and silver. Both physically, and  ideally." -Luke William.