“A value of a BTC is not arbitrary, in fact it’s the opposite of arbitrary,” he says. “It equals the value of a single slot in a finite sized public cryptographic ledger through which value can move. The total Bitcoin ledger has value corresponding to the volume and velocity of transactions that will run through it in the future; by extension, each slot in the ledger has fractional value determined by the total number of slots (which, in Bitcoin’s case, are limited to 11 million today and 21 million ever).”
“So saying what Warren is saying is like saying ‘a car is great technology but it’ll never actually get anyone from point A to point B,” he continued. “Bitcoin is great technology BECAUSE it lets people get value from point A to point B through the public ledger; that functional use creates the value of the ledger, and a single BTC has a corresponding fractional value of the ledger.”
Thursday, March 27, 2014
Bitcoin Battle: Warren Buffett vs. Marc Andreessen
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"The total Bitcoin ledger has value corresponding to the volume and velocity of transactions that will run through it in the future"
Penso que o que as pessoas que dizem que o valor do BTC é arbitrário querem dizer é que o volume total de transações que vão ser feitas usando bitcoins é arbitrário, logo o valor de cada bitcoin também será arbitrário.
Claro que o mesmo poderá ser dito de qualqur moeda (nomedamente o "fiat money" estatal) tirando talvez moedas que sejam suportados por uma mercadoria cuja oferta seja largamente elástica (e portanto o preço largamente determinado pelo custo de produção), como o caso do xelim somali (cujo valor corresponde ao custo de imprimir uma nota) ou possivelmente às sementes de cacau usadas no império azteca ou ao gado que de origem à expressão "pecuniário"
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