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People who can't come to terms with bitcoin having value simply don't understand decentralised software.

Bitcoin Reddit

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If a company created a database that could be used by any global entity to transmit value around the world instantly and store data immutably forever that product would have immesurable value.

But some people think because bitcoin is not centralised it must have no intrinsic value. They truely believe a database needs an owner for it to be valuable.

Its the same thing when you hear someone say "there's no there there". What they mean is theres no company behind the database to give it value.

The entire argument of bitcoin having no value is based on the incorrect assumption that value is derived because of the company behind the product.

These people cannot comprehend a database without an owner having value because all software of value they have ever seen has had a company behind it.

With bitcoin the value of the database does not flow to the company that owns it because there is no such company, instead the value of the database flows to the database itself represented by the native token of the network.

Anyone who cant comprehend the fact bitcoin has value simply cant comprehend software without a corporate owner having value. They do not understand decentralised software protocols can be valuable.

It is a paradigm shift because it has never happened before, this means it's just a matter of time before everyone on earth understands bitcoin can and should be the most valuable piece of software ever created.

submitted by /u/slvbtc
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