Post
Topic
Board Bitcoin Discussion
Re: Why Does Bitcoin Have Value?
by
Debonaire217
on 21/05/2020, 01:42:46 UTC
I don't think so. I'm pretty sure that people who actually understand Bitcoin is only a small minority. All they need to know is that Bitcoin is decentralized, trust-less, unconfiscatable, and has a hard limit. I think knowing those characteristics alone will be enough for the typical non tech-savvy person to know that it's worth something.

Moreover, it isn't enough for us to convince everyone in order to advertise bitcoin to them. Some people are relying already to credit cards and digital payments, wherein they can pay easily through their cards but not knowing that it is vulnerable too. (I do not except cryptos to be vulnerable, as it is as well, but I consider crypto as more secured). In addition, we have a very good asset to market them through explaining the perks such as crypto as investment tool. But I can see that it doesn't get well as in my experience, after I stated the word "investment" to my friend, his response was somehow related to crypto as scam. And IMO, this is the perception we first need to change in order for people to really value Bitcoin.