Comment: what does labor have to do with it?

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In reply to comment: Real money is a commodity. (see in situ)

what does labor have to do with it?

Unless you're a communist the labor value of money simply doesn't make any sense. It's whether or not the MARKET finds it valuable, and at 12.575 BTC to the USD I think the market does.

That being said I'm a bit skittish to spend money on bitcoins and I don't feel like overheating my video card to mine them. But that's simply because I'm afraid of #1 changing. What if a better digital currency appears and is favored over bitcoin? etc...