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Message: [QUOTE="S3mper, post: 7143841, member: 97084"] An item's price isn't solely determined by its intrinsic value. Think about paintings, Pokémon cards, or even gold which only about 10% of its value comes from industrial use. The rest is social consensus and scarcity, similar to BTC (And everything else) Bitcoin’s value comes from its scarcity, borderless, secure and fast (only 21 million will ever exist) and decentralization. No central authority can inflate it or censor transactions, all of which (and more) give it value, especially in unstable economies. You can do both. Bitcoin works as a store of value and as a currency. Should you spend a store of value? I would vote no which is why I "HODL" and I would especially vote no during the price discovery phase of BTC's life. If one absolutely needs to spend it, I would probably suggest leveraging it instead if possible. Bitcoin is actually not that great of an asset for criminals as it's pseudo anonymous not anonymous and every transaction is open on a public ledger. The best asset for criminals to spend is objectively the US dollar and which is currently the most used currency to do so. Other people who would look to spend it are people who need to buy things who hold BTC because their countries currency is a complete mess or maybe who want to send it across borders with ease almost instantly. Or can't otherwise (More on that below) This is actually an important point that shouldn’t be taken lightly. Bitcoin isn’t just useful for people in oppressive countries it’s also crucial as a safeguard against government overreach. For example, it gives people a tool against being debanked, which is important for protecting civil liberties like freedom of speech and allows innovation. If people fear being debanked (even if the threat is only perceived) they may choose to self-censor, for fear of backlash from governments, institutions, or banks. That’s a dangerous silencing tool. And it’s already being used Examples: - "Operation Choke Point 2.0" has debanked crypto firms without charges (Or attempting to) Such as Silvergate, Signature Bank, and Silicon Valley Bank - Binance faced exclusion from banking systems before legal proceedings even began. - Pornhub had its financial services shut off (Pretty much soley relies on crypto at this point) - Wiki inks as well as journalist have been banned from PayPal The ability to access or send money has definitely been weaponized, and "Bitcoin fixes that" [/QUOTE]

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