• teri
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    14 days ago

    Can you speak of ‘erasing’ if this value was actually never there but just fantasy numbers?

    • Universal Monk@sh.itjust.worksOPM
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      14 days ago

      Sure, but that logic applies to literally every market. Stocks, real estate, collectibles—none of it has ‘real’ value until someone buys or sells. Price is just the number buyers and sellers agree on at any given moment. So yeah, if Bitcoin’s value is ‘fantasy,’ then so is your 401(k) until you cash out.

      Welcome to how markets work, friend.