How does a Bitcoin have any value?

[Anyobsss]

Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.

 Rather, Bitcoin appears to have value for the following reasons: It is popular.

In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.

We'll people value it that's why it has value. Similar to gold, It has value because people think that it has high value. The value of something really depends on the environment.

[1715061550]

1715061550

[playboy654]

Bitcoin is a digital currency so we don't need any real thing for that it has been valuable because of it is a digital currency and being a Crypto currency is more useful for anyone to get easily connected with it digitally.

[Anies_Sandi]

Bitcoin is a digital currency so we don't need any real thing for that it has been valuable because of it is a digital currency and being a Crypto currency is more useful for anyone to get easily connected with it digitally.

therefore the value of digital currencies like bitcoin is always expensive because bitcoin is one of the currencies that people will use to transact the online world

[wongdeso]

Not everyone in the world uses crypto and this is still a new thing so the value is expensive. For its own use, crypto is still a valuable investment asset and is still a pro-contra in countries that have not been able to receive it.

[Kimonoe]

Not everyone in the world uses crypto and this is still a new thing so the value is expensive. For its own use, crypto is still a valuable investment asset and is still a pro-contra in countries that have not been able to receive it.

indeed crypto function is not maximized as a currency. but if we study it further, with a fantastic price increase in 2017, crypto is in demand as an investment tool. even though nowadays many are frustrated by it

[IdiotCoder]

Not everyone in the world uses crypto and this is still a new thing so the value is expensive. For its own use, crypto is still a valuable investment asset and is still a pro-contra in countries that have not been able to receive it.

Bitcoin is a lot like the internet when it first started: nobody knew anything about it and nobody thought it would have any use. Today, the internet is everywhere and is an essential part of today's economy. Bitcoin is the same way: nobody understands it now but 30 years from now everybody will be using it.

[boty]

Bitcoin is a digital currency so we don't need any real thing for that it has been valuable because of it is a digital currency and being a Crypto currency is more useful for anyone to get easily connected with it digitally.

therefore the value of digital currencies like bitcoin is always expensive because bitcoin is one of the currencies that people will use to transact the online world

I think if bitcoin can only be used in the online world it will make bitcoin not grow and certainly the price of bitcoin will not become very expensive because demand does not increase, bitcoin should be used for local or offline transactions so that many people try to use bitcoin to complete a payment.

[Dimas99]

BTC as well as currency so. You can trade in the allowed countries. BTC can replace the currency in some future fields.

all possibilities can happen no one can know for sure what confidence and patience will be and maybe also in conditions like now investors must be able to take advantage of every opportunity that will be obtained in investing

[daarul50]

The reason bitcoin has value is because of the market for buying and selling cryptocurrency so that bitcoin must have a value to be able to be traded. With the value that is owned, bitcoin can also be a tool for transactions such as exchanging or buying and selling like a currency, it is the reason why many call bitcoin as a digital currency.

[Wellyan]

Bitcoin value come from the willing buyers and sellers who determine the price.

with that the risk of investing in crypto currencies is great because the value and price of crypto currencies and the confidence and patience in investing in crypto currencies will reduce our panic in price and value that is always changing and cannot be ascertained

[polar.bear824]

Rather, Bitcoin appears to have value for the following reasons: It is popular.

This is far from one reason! I agree that there are such things that are expensive because they are very popular among and therefore people are in great demand. But there are things that have information value. They are valuable because the idea itself is important! Bitcoin is one of those things. In this area there are no better ideas than Bitcoin, so Bitcoin will only grow!