Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.
Rather, Bitcoin appears to have value for the following reasons: It is popular.
In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.
Bitcoin has its own value. Now an era with 4.0 technology, bitcoin is the pioneer in the field of electronic money and it is also the most powerful currency ever.
it does not have a physical form but it is valuable in one platform and people are really in need of it to develop for a good future.
It is really worth the long term investment and it will be of great value when the world must use blockchain technology.