Bitcoin has value because bitcoin can also do what money can do. It can use as a form of payment where people find it useful in terms of buying or selling. Its value can be determined depends on how many people are willing to accept it as payment, the more people adopt it, the more its value will increase.
Bitcoin are not widely accepted (e.g. at service and commercial outlets) or legal means of payment. They are not issued and guaranteed by state central banks. This means that business entities or individuals are not obliged to accept payments in this type of currencies, even if they have previously accepted them. For some time it has been laughing and as he wrote Zeke_23 Bitcoin begins to take over the role of money and it is power ...