Rather, Bitcoin appears to have value for the following reasons: It is popular.
that is just your opinion.
anything has value for its utilities. Gold has value not because it is physical but because it has usages. same as anything else.
bitcoin is a decentralized currency and that is its usage and what's giving it value.
Exactly. Call it speculative but in the future, btc price will go up because of ita transactional use. Its very similar to fiat form of money,where we seem to be making a simple thing like paper the most important asset we have.
Yes it is true that bitcoin value price in the future even now was grows up and make an income to all of us here.We recognized the possibility that bitcoin is our main source to make our life full of gracies and happiness.