That peer to peer networks like BitTorrent or other P2P systems have no value?
How long have they been after and tried to shut down the P2P system?
EVER SINCE I WAS A KID. Have they succeeded?
Heck no. They will not either.
Bitcoin has NO INTRINSIC Value, BUT IT HAS INSTRUMENTAL VALUE.
If I can make a transaction in China from my couch, then right now I have to use government monopoly money with interest attached.
If I use bitcoin, I can bypass all those profiteers. Then only the exchange makes a little bit off of each transaction, BUT IT IS TRANSPARENT.
So when you say bitcoin has no value, tell that to the P2P community. Don't be ignorant, think before you speak.
Ron brought the Liberty movement together, Rand is expanding the crap out of it! :)
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