Currently, the value of bitcoins as a currency can be calculated by adding up the saved funds through the use of the Bitcoin payment system, and not other payment methods. If one bitcoin is used for 10 transactions per year with an average value of $ 100, the bitcoin network is 3 percent cheaper than any other alternative. This dynamic is maintained for 10 years, increasing the value of this bitcoin to 300 dollars. Bitcoins do not even need to replace local currencies