Post
Topic
Board Economics
Re: Bitcoin's intrinsic value
by
deisik
on 11/12/2013, 09:16:16 UTC
Another usually asked question is: What is backing bitcoin? It is backed by all the bitcoin miners around the globe with the most powerful network in the world, and one single consensus of never generating more than 21 million coins

Bitcoin is backed up by its inherent properties which people value because these properties help them reach their aims. Things as such are valueless..