Evidence receipt / belief
Published · transcript-backedBrian Armstrong: belief
10 Feb 2021 Conversations with Tyler Brian Armstrong on the Crypto Economy
“People come up with all these ideas. But I think the simple answer there is, there’s probably not really a true intrinsic value to bitcoin.”
Source trail
Everything needed to verify it.
- Speaker
- Brian Armstrong
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 10 Feb 2021
- Publisher
- Conversations with Tyler
Transcript context
…What’s the best model we have for how to think about the value of bitcoin? The value of it. People tie themselves into knots trying to think about, like, what is the intrinsic value of it? What are you actually able to do? You can think of it hypothetically as . . . It’s almost like when you’re spending miner fees or transaction fees, it’s like giving you right access to this global, decentralized ledger or something that . . . People come up with all these ideas. But I think the simple answer there is, there’s probably not really a true intrinsic value to bitcoin. It’s valuable because people think it’s valuable, and it has some use cases. It’s useful for some things. After the Ethereum 2.0 rollout, what will I be able to do that I can’t do right now? What will that do for me?…
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