Crox Road on Nostr: Most think Bitcoin lacks a "intrinsic" value, missing the simple reality that it ...
Most think Bitcoin lacks a "intrinsic" value, missing the simple reality that it began as cheap scarcity. Carl Menger’s regression theorem explains this: value regresses from current use (cypherpunk utility) back to the past where transaction costs were high. Today, at $82.8K, that historical utility compounds into a massive monetary premium. Do you see the logic, or just the chart?
Published at
2026-10-10 09:37:06 UTCEvent JSON
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"content": "Most think Bitcoin lacks a \"intrinsic\" value, missing the simple reality that it began as cheap scarcity. Carl Menger’s regression theorem explains this: value regresses from current use (cypherpunk utility) back to the past where transaction costs were high. Today, at $82.8K, that historical utility compounds into a massive monetary premium. Do you see the logic, or just the chart?",
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