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
Well bitcoin value is very decentralized and it somehow or it can positively change the perspective of each and everyone of us because of the price of bitcoin is so very volatile , and it's not permanent it may increase or even decrease as soon the market reacts. Bitcoin cannot stay at a one price only not like fiat.