alt Hacker NewsSomeone invents something that is digital, but can't be copied. Quite brilliant as it is the first digital asset that can store value without centralization and trust, based on market demand.
Someone on HN: "BTC is valueable solely through the power of memes".
Bitcoin doesn't "store value", it has the value that society assigns it, which is what the parent means when s/he says "BTC is valuable solely through the power of memes". It's not a fiat currency, nor does it have any intrinsic utilitarian value.