Post
Topic
Board Economics
Re: How does bitcoin become a currency?
by
qwerty12
on 10/08/2018, 17:53:50 UTC

In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.

The value of money: it exists because of payment.

In the case of Bitcoin, this condition can be measured by the growth of users, sellers, and initial users. Like other currencies, the value of bitcoin comes only from people who want to accept it as a payment instrument.