Post
Topic
Board Economics
Re: Why is bitcoin worth? Welcome to discuss
by
coinplus
on 27/02/2017, 14:36:59 UTC

Bitcoin is growing sharp with the continuing adoption of bitcoin by big companies as well increasing user profiles. Not just in the sending and receiving bitcoin is worthy, it is getting use in all places. These days people face a lot difficulty in getting confirmation in a short which is important for bitcoin transactions.

Which companies that offer to pay their employee in bitcoin? And where is is all places that you mentioned about? I dont really think that this bitcoin already go public. There is only some places that only use bitcoin daily. But still the usage of bitcoin around the world is around 10-20%
Lets not exaggerate, bitcoin is not even used by 1% of the human population let alone 10 to 20 percent if bitcoin was able to reach that target population,bitcoin will be worth tens of thousands of dollars for the simple fact there will be many people wanting to have some bitcoin and the supply of bitcoin will remain roughly the same.
It is true, as many people ignore the fact that bitcoin has limited resources so by the time and with people coming in and many transactions being made means that we will eventually run off of it and that is why bitcoin is not used as an official currency, however the new concept that bitcoin is bringing to the economy can be used to develop new currency.

After seeing the earning opportunities, bitcoin has brought. I am not having any second opinion on worth of bitcoins. It is highly worth to have and to save.