Bitcoin is seen as a currency that is not regulated by any institute. It does not generate any revenue and therefore, has a zero minimal value. What then brings about its value and drives it as well?
From what i am read, bitcoin have a value because people trust on the network security and its impossible to double transaction. Fiat money have value because trust on government but the different between bitcoin and fiat money is bitcoin have limited supply and no authorities control the supply
We all must live in reality. We all should know that people never accept such thing that isnt visible physically. We believe strongly on physical evidences than some soft or visual facts. Bitcoin isnt physical and this one factor is a biggest hurdle for promotion of bitcoin at lower levels. We have to keep on promoting the good picture so that this virtual fact can be overcome.