Subject: Re: [bitcoin-dev] Off-chain transactions and miner fees

From: Hector Chu <[email-masked]>
Date: Mon, 10 Aug 2015 20:14:08 +0100

On 10 August 2015 at 19:50, Anthony Towns via bitcoin-dev <
[email-masked]> wrote:

> ...but I think at present the time value of bitcoin is effectively zero

Since bitcoin is liquid you forget that one can just sell off his bitcoin
for fiat and hold that for interest. The time value is thus given by the
yield curve of interest rates.