Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Telling the truth at the first time I didnt understand what is Bitcoin about. It had been seemed for me unclear how it can be possible dont be supported by any government and to have significant price at the same time.
The price of Bitcoin does not depend on the government like Dollar and other currencies of the current monetary system. The Bitcoin price depends on the demand of the cryptocurrency market, as long as the total number of buyers more than total number of sellers or reverse, that side will decide the price of Bitcoin.