Bitcoin is a cryptocurrency, while blockchain is a distributed database. Bitcoin is powered by blockchain technology, but blockchain has found many uses beyond Bitcoin. Bitcoin promotes anonymity, while blockchain is about transparency.

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Bitcoins have value because they are useful as a form of money. Bitcoin's value comes only and directly from people willing to accept them as payment. In addition, Bitcoin is both a decentralised currency, meaning anyone can participate in minting, and its peer-to-peer, so there are no third parties involved as you can run a full node and validate your own transactions as well. It’s the currency of the internet, free from jurisdiction and government-imposed law.

Bitcoins have value because they are useful as a form of money. Bitcoin offers transferring money over the internet and is controlled by a decentralized network with a transparent set of rules. It is a money free from dictatorship, oppression and hyperinflation, and a financial safe haven for anyone living under those circumstances.