Post
Topic
Board Bitcoin Discussion
Re: How can something that doesnt exist in the material world have a value? Like BTC
by
BitChief
on 27/02/2018, 15:33:20 UTC
Theres something out of my mind triggered on asking why something that is not tangeable but valuable in the near end like Bitcoins, Ethereums and othet cryptocurrency? Is there anybody can explain about it.

Thank you so much 😄

A lot of people seem to really struggle with this. The best counter arguement I have heard is to simply look at Google, Facebook & Netflix. They have huge marketcaps, and are some of the largest stocks on the US stock exchange yet have next to no assets on their balancesheets. Because their value is their brand and value.