Which one is easier to think about?
- one intangible thing not having any physical presence, turned its value from 0 to $100K?
- one digital currency which has surpassed paper money by getting people's support?
To me, 2nd one is easier to think and dream of.
Both of these points are interlinked with each other. The intangible bitcoin could not gain its value from 0 to 100K without the people's support and people taking interest in it ?
The question then arises, why people would take interest in such a currency and we conclude that paper money has a lot of disadvantages the worst being it is inflationary based and the second one it is manipulated and controlled by the governments.
The bitcoin resolves this as it is a non-inflationary decentralized currency with zero controlling power over it.