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 is good and the value is good at present time and with the bitcoin usage the demand will rise and we hope that bitcoin value will double in the coming months. i hope that the investors will increase investment in the crypto market.