Bitcoin’s value function

Value is an abstract concept. The way Bitcoin has value is linked to the way it operates and to the fact it has a known limited supply. Without security, Bitcoin wouldn’t be valuable. Without decentralisation, Bitcoin wouldn’t be valuable. Without censorship resistance, Bitcoin wouldn’t be valuable. Without an upper bound, Bitcoin wouldn’t be valuable. The point is simple: Bitcoin’s value […]

Source : https://www.gbaglobal.org/bitcoins-value-function/

Date : September 10, 2019 at 08:54PM

Tag(s) : #BLOCKCHAIN ENG