Does Energy Give Bitcoin (or anything) Value?

Many people talk about the energy that bitcoin (and gold) stores for you as a reason for its value. The pushback against this argument is that is sounds an awful lot like the labor theory of value. And the labor theory of value is demonstrably false. So does the necessity of energy or labor have anything to do with the value of bitcoin or gold?

Use Interactive Brokers https://bit.ly/2XU4sIn

My Courses and Guides🍎🍎
💰My Options Course (Beginners) https://gum.co/yvRjw
💵My Options Course (Advanced) https://gum.co/CIqDW
🔑My Ultimate Guide on How to Buy Gold https://gum.co/DUkCt
📝My Weekly Newsletter https://heresyfinancial.curated.co

Gold and Silver🔥🔥
📱Buy Gold/Silver Bullion https://bit.ly/2WoJHDC
🔒Store Allocated Gold/Silver (Get $5) https://bit.ly/3mS6dNo
🪙Gold/Silver IRA (Get 1st Month Free) https://bit.ly/gldbtc

Bitcoin 💎💎
🔐Best Bitcoin IRA (Get 1st Month Free) https://bit.ly/gldbtc
🦢Best Place to Buy Bitcoin (Get $10 BTC) http://bit.ly/swnhrsy
🏪Best Bitcoin Exchange https://r.kraken.com/e3aej
📟Best Bitcoin Wallet http://bit.ly/ldgrwlt

Stocks💰💰
💹Best charts (Get $30) http://bit.ly/tvchrts
📈Best all-around https://bit.ly/3zFGSO2
📊Best auto investing https://m1finance.8bxp97.net/QOKA3P
📉Best margin rates https://bit.ly/2XU4sIn

Invest in Startups (not publicly traded) 💵 💵
📊Republic https://republic.co
🌱SeedInvest https://www.seedinvest.com
👼Angel List https://angel.co/invest/start

Real Estate 🚀🚀
🏠Single-Family Rentals https://roofstock.3k3q.net/XJX24
🏚Borrow for RE Development https://groundfloor-finance.sjv.io/mgRRvy
🏡 Invest in High-Yield RE Debt https://groundfloor-finance.sjv.io/mgRRvy
🏘RE Portfolio Investing https://fundrise.sjv.io/Ygg2NO

Misc ⚖️⚖️
🪜Life Insurance https://bit.ly/3qccFBB
🏥Short-Term Health Insurance https://bit.ly/3vFfgVZ
🎓College Savings Plan https://bit.ly/3iRaCRL
📖Book Insights and Summaries https://blinkist.o6eiov.net/b3azYg
💻Learn to Code https://lambda-school.sjv.io/kjOPAz
🍎Skillshare https://skillshare.eqcm.net/0JY1WM
🏦 Small Business Bank Account https://banknovo.grsm.io/g8joyyssljl3

My Trading/Investing Gear🛠🛠
🖥Thunderbolt Monitor https://amzn.to/3xwbqji
💻M1 MacBook Pro https://amzn.to/3iR3gxB
📶Best WiFi Router https://amzn.to/3gIIoG9
🔊Speakers https://amzn.to/35vEM58
📲M1 iPad Pro 12.9inch https://amzn.to/2TGb1w7
⌨️iPad Magic Keyboard https://amzn.to/3zAIN6f
✏️Apple Pencil https://amzn.to/3zyHu7S
📚Incerto https://amzn.to/3mO57VX

Support the Channel💪🏼💪🏼
💸Patreon https://www.patreon.com/heresyfinancial
☕️Merch https://heresy-financial.creator-spring.com
🤝Join as Member http://bit.ly/joinhrsy

I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.

#bitcoin #gold #value