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 agree! But for sure, bitcoin value is like a gold. if you hold onto it. from a year or two. Just my opinion. Based on my research about the graph of bitcoin it is unpredictable it has highs and lows. But, it'll never go as low as other crypto.