- Firstly about Bitcoin's ability to keep someone from spending the same money over and over again. For systems running without central use, the method used by Bitcoin is brilliant. Bitcoin is able to transform the Internet from a data transfer system into a value transfer system.
- The second factor is the very low cost of Bitcoin transaction even close to 0, giving more benefit to the users when compared to credit card transaction cost which reach 5% of total money spent.
- The third factor is the ease of detecting cheating in the system. Just as many credit card information and inappropriate credit card theft are found in the Bitcoin system it is difficult to do and will be instantly detected.
-The last factor is the belief that people believe that Bitcoin has value.

- Firstly about Bitcoin's ability to keep someone from spending the same money over and over again. For systems running without central use, the method used by Bitcoin is brilliant. Bitcoin is able to transform the Internet from a data transfer system into a value transfer system.
Simply bitcoin has value because of its demand, and it's demand is increasing day by day. And it's beyond the reach of the government.