I haven't met Luke, but what an perfect name for the topic. He clearly expressed what I keep telling people
He states..
" To those who say Bitcoin is not real or has no value: Value does not exist in the object, value exists in the subject. The subject is the human mind.💫 The value of gold does not exist in the gold itself, it exists in the mind of the subject. For example, if there is no one around to hear a tree fall in the forest, does it make a sound? Likewise, if there is no one around to use gold, does it have value? Secondly, forget the fact that Bitcoin is called a 'coin'. Coin is just a word. The word coin has a specific meaning. Calling Bitcoin a coin is exactly like calling an Ebook a book. An Ebook is not really a book in the physical sense. Just like Bitcoin is not really a coin. But that doesn't mean Ebooks and Bitcoin are not physical. They exist in the physical world just as much as gold. What a bitcoin is is an agreed upon ledger that says you have a quantity of something. That ledger exists in the physical world and it has value in the mind of the subject. Bitcoin is just as real as gold and silver. Both physically, and ideally." -Luke William.