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    no inherent economic value
I wonder if they mean the technology or the tokens.

As in: Do they mean that the existence of the Bitcoin blockchain has no economic value, or that owning Bitcoin tokens has no value?

Both have value though. If you want to store data publicly and tamperproof for a long time, the Bitcoin blockchain is by far the best solution. So the Bitcoin blockchain has value. And the Bitcoin token lets you use the Bitcoin blockchain. Without Bitcoin tokens, there is no way you can write anything to the Bitcoin blockchain.






>If you want to store data publicly and tamperproof for a long time, the Bitcoin blockchain is by far the best solution. //

Don't you get 80 bytes per transaction? That seems like about $7M per GB... maybe storing hashes is reasonable but storing data actually on the bitcoin blockchain itself doesn't seem great?


Hashes are a good example of a very small amount of data that is very powerful. By storing a single hash, you can notarize an infinite amount of documents.

Another very powerful type of data is transaction settlements. With a single onchain transaction, an infinite amount of second layer transactions can be settled.




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