Quote from: numberslacey on April 25, 2022, 08:14:02 AM

Quote from: bitzizzix on April 18, 2022, 04:07:54 PM

Bitcoin has value because many people use it and want it, see it as something of value, and use it as an investment or other use.
and if everyone stops using bitcoin in any form then the price will drop drastically and therefore will not earn anything.
and the value of bitcoin is also determined by the forces of supply and demand and is also limited.

That’s exactly the point ‘what if’ everyone stopped using it.

Though it’s a digital currency that has no physical existence, it is publicly traded around the world and has intrinsic value. Many companies and even brick-and-mortar stores accept payment in Bitcoin and hence, it holds real monetary value.
https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-price/cryptodetail/symbol-btc.cms?msclkid=596576c2cbab11ec818537c734df6b74

I believe that investors, traders, and holders will never abandon bitcoin. Bitcoin, in particular, offers several advantages and is beneficial for transactions, money exchange, and other purposes, despite its changing prices. Also, I've heard that politicians are interested in bitcoin these days, so I doubt your "what if" will ever come to pass; there are a lot of what-ifs if people distrust bitcoin.