brg444
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Bitcoin replaces central, not commercial, banks


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September 03, 2015, 11:33:51 AM

In other words:

The value of Bitcoin is its utility,
The utility of Bitcoin is its ability to store wealth.


Any alarm bells ringing?

Circular argument, anyone?



Seems like you're twisting things a bit. Maybe I ought to clarify?

The value of Bitcoin is in being deflationary, censorship resistant form of money.

I don't see what's so hard to grasp about this  Huh