[dtube] Why is Bitcoin Valuable?

in #dtube7 years ago


*Bitcoin was worth $3700 at the time of the video. Made a mistake and said $370
The first question that I get asked about Bitcoin is "Why is it valuable". This confuses a lot of people because they Bitcoin is not backed by any real world commodity or by any government - something that is bizarre to a lot of people. Currently a bitcoin is worth $4000 USD. In this video I try to explain why I think Bitcoins are valuable.

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Yo ,
Nice work sir

Are u sure of the current price of bitcoin to be $4000, thus am not too surprise to see it getting high

John McAfee says that it's because it costs $1200 to mine one. :(

you make it very easy to understand, thank you friend.

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