Why bitcoin they value?

The supreme argument against cryptomonas is that this coin has no intricate value. It's just a little problem: they're wrong: D

The money, when it appeared, was a simple convention, motivated by convenience. People agreed that it's more convenient to say "look, this piece of paper is worth ten cattle." And if they wanted to buy overseas wool and countries worth ten cattle, they did not go with the herd there but only with a piece of paper.

Before the banknotes were the coins. Before the coins were the counts. In the meantime, there were probably other "exchange" coins (camels, calves, various metals, etc.). Fix the same situation.

And here we are talking about transactions made strictly between people, without the involvement of any state.

So people agreed that it is more convenient to use an intermediary tool for the trot.

Eh, that's the same story to Bitcoin and the rest of the virtual coins: if the people who trade them decide that tomorrow they are not willing to pay more than $ 1.5 / btc then that value will have it. We also come to see if btc tomorrow will be trading at $ 50,000 / btc.

The fact that there is no state involved? Let's be serious, the involvement of a state does not necessarily give you a guarantee of the stability of a coin. The British Pound has been in a year's fall since Brexit was announced. Not to mention Venezuela or states in Africa ...

The biggest problem is not value but speculation; absolutely all the people I know and who are involved in one way or another with virtual coins do this just to get rich (either by speculating or by keeping coins in the idea that over X months they will grow to the moon ). And reading Reddit, this is the trend ...

Ah, it's a bubble, it's going to break, I do not know-what? That's another story. But at this moment, virtual coins have value. Whether we like it or not.