Critics like John Quiggin question bitcoin’s legitimacy, comparing it to worthless assets, but the value of any commodity, including bitcoin, often depends on community recognition and market demand. The analogy of the diamond rush in Zimbabwe illustrates that value is often realized only when a market exists. Australian Treasurer Wants Country to Be Proactive When […] Source: https://news.bitcoin.com/no-professor-quiggin-crypto-is-not-worthless-australia-should-prepare-for-the-rise-of-digital-assets/
