Is bitcoin a productive asset?
Could you elaborate on whether Bitcoin can be considered a productive asset? While some argue that its value is derived purely from speculation and market sentiment, others maintain that it possesses characteristics that qualify it as a productive investment. Its scarcity, global accessibility, and potential to revolutionize financial transactions are often cited as factors that make it a unique asset. However, the volatility of its price and the lack of intrinsic value also raise doubts about its productivity. How do you weigh in on this debate? What factors would you consider in determining whether Bitcoin is a productive asset?