Quote from: Fairy_90 on April 21, 2018, 07:00:49 AM

It is hard to say that the nature of Bitcoin is valid because not government accepts Bitcoin as well as you can not use it to pay your taxes. In addition, the value of Bitcoin is always associated with traditional currencies such as USD, EUR, CNY and VND. In addition, the intrinsic value of a stock is calculated by its estimated future earnings, since Bitcoin has no income so it is difficult to determine the value.
So, what will give Bitcoin become valuable not really an internal one? There will be no reason to give Bitcoin value if one can not use it as a payment method. Merchants and service providers around the world accept digital money, although most people use it by converting the currency of the country in which they live.

If bitcoin is not associated with USD, EUR, and CNY currency how can we measure or know that bitcoin has value? So is the case with gold, diamonds, oil, and other assets. Those assets must be measured in USD currency so we know the price movements of those assets in the market.