Hi, I am still learning about block chain and bitcoin. Some of peoples are saying that bitcoins primary value comes from it's "censorship resistance" and some of them are argued it's primary value proposition comes from as a fact that bitcoin is peer-to-peer electronic cash system.I am some what in a confusion and I want to know what you guys are thinking? 
From this point onwards I strongly believe that value of it is affected by the demand and supply. At this point is is more speculation as we can conclude this from fast price movements that can happen within just like an hour or so. Well yeah it is peer to peer which tells you that you font have the need for any kid of middleman in the process and as we know not many people are happy with the hanks. Because if you want to recieve money and spend it most likely you are going to need a bank that will EVEN charge you and play around with your money for holding it. To be fairly honest with you I like bitcoin because I can open an account instantly without giving my details about me to anybody, i go and generate new pair keys and that's it.