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And what's that got to do with bitcoin? If you're going to assert that gold can't go to $0 and imply that bitcoin can, you need to also give a good reason why bitcoin can go to $0.



At one point in time, Bitcoin was worthless. Therefore it is provable that it can be worthless.

At no point in history has gold been worthless.

As far as you and I know, gold has had worth as long as society has had the capability to get it.


False.

At one point Mussolini was alive. Therefore it is provable that Mussolini could live again.

Sorry, try again.

At one point, these grains of sand were in this glass. Then I poured them into the ocean. But they were in the glass so they could be in there again.

Except no, no they couldn’t. The 2nd law of thermodynamics makes many things non-repeatable.


You are making the opposite claim to mine, they are not comparable. Try these on for size:

  Before his birth, Mussolini was not alive. Therefore, it is possible that he could not be alive again.

  At one point, there were no grains of sand in this glass. Therefore it is possible that there will be no grains of sand in this glass again.
Thermodynamics is really not the tool you should bring to bear in this conversation. Entropy dictates that eventually everything will be worthless, and that includes Bitcoin. The price of Bitcoin is not an irreversible product of entropy, despite what some investors might wish.


Are you really standing by your logic, or are you just arguing with me for sport? If it’s the latter we can continue but I’m not going to repeat myself if you’re not going to listen.


Yes. My argument is only flawed for things that are tied to entropy, which the price of Bitcoin is not in any meaningful way.


Good reason would be broken or lost blockchain, then all these letters and digits are only worth a thumbdrive you stored them on.

I know it is hard to imagine because generally bitcoin is new technology, but also because of that - its not that it is impossible.

Meanwhile gold is gold; a physical object with very high temperature of vaporization.




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