I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin value it changes everytime it is not permanent nit like a paper money it's value is permanent and stable
I strongly agree to that opinion, we all know that the price of bitcoin is not permanent and its because of the fluctuations of supply and demand on online market. In addition to that, every time the price of bitcoin is change and its because of being volatile where the price of bitcoin is not stable and it always change.