The Intrinsic Value of Bitcoin

in #bitcoin5 years ago

What gives cryptocurrency its value? Why do people want it? The answer is not simple: supply, demand, utility, and speculation all play a part. But when it comes down to it, bitcoin brings a revolutionary breakthrough for financial empowerment: it is highly portable bearer instrument.

Watch the video to learn more.

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I don't think it will ever replace real money. I think it would be better to focus on proven use cases: it's good for gambling, drugs, rewarding gamers and bloggers and cam whores. But you are never going to buy your gasoline with crypto. The guy who sells me groceries wont take it because you have to cash it out right away (for real money) because it could lose 10 percent of its value in an hour. It's not going away but mass adoption isn't coming either

Add it's good if your nations economy is collapsing too like in Africa or South America

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