# Gavin Andresen
# 2011-04-07 23:27:30
# https://bitcointalk.org/index.php?topic=5540.msg81541#msg81541

Stuff is valuable because it is either useful (like hammers) or we think it is pretty (like Picasso paintings); the more rare, useful, and/or desirable something is, the more valuable it tends to be. @p{par}

We know how rare bitcoins are.  It remains to be seen how useful they are.  I think they're pretty useful as both a convenient way of paying for things and as a long-term store of value, but it will take time to convince most people that they're useful for those things. @p{brk}