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Why Does Bitcoin Have Value?

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https://www.diginomics.com
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Text Comments (17)
Helix (8 months ago)
I thought this was a good vid. Very slow and precise.
Seth Lyons (9 months ago)
This doesn't explain why it has actual value. Because it's useful and scarce doesn't mean anything that's not a reason it has value.
Lisa Shadle (11 months ago)
😴😴😴😴😴
Way Yagami (11 months ago)
I fell asleep while you were delivering this presentation. good content
teng tung (11 months ago)
bit coin is fake
see fish (9 months ago)
Backed by nothing but faith, same as btc. 'Fiat money is a currency without intrinsic value established as money, often by government regulation. It has an assigned value only because the government uses its power to enforce the value of a fiat currency or because the exchanging parties agree to its value.'
see fish (11 months ago)
So is the US dollar.
Prince M. Golds (1 year ago)
Very nicely explanation for non-technical guy like me. Thank you so much!
Stevie Hall (1 year ago)
How is it capped? How do you cap it while you have bitcoin miners? Are people dedicating processing power from their computers for people who own bitcoins? If that's the case then it seems whoever dispersed bitcoins in the beginning just made tons of cash for internet money. And now it's all just being tossed around.
Raymond G (1 year ago)
answer me this diginomics, what stops any government from confiscating your bitcoins? also, what guarantees crypto as negotiable? thanks.
DogeSec Memes/Beats (1 year ago)
that means even if you did illegal stuff in the darkweb (like make money through bitcoin selling some stuff) that the bitcoins will stay in your wallets and they cant touch the money(bitcoin)?
Raymond G (1 year ago)
maybe? but at the very least the government can make your coins impossible to trade by laying down the hammer on coinbase or krakken or any other exchange. you know, the services that allow you to trade and exchange. the government can outlaw possesion all together.
Diginomics (1 year ago)
Unlike a bank account, government has no control over your bitcoin wallet.
Aquib Ansary (1 year ago)
who gives the maths problem ? who alot Bitcoin to miners ? what benefits does the solved math problem give to the secret Bitcoin alloter ? from where does the Bitcoin alotter gets its Bitcoin to give to the miner ?
Eric Chou (1 year ago)
just so you know the syntax of the 3rd bullet point of Economic Fundamentals is wrong.
Shashank Srivastava (1 year ago)
Bitcoin is the world’s first and the most beloved Cryptocurrency and decentralized payment system which offers a highly secure Peer-to-Peer exchange medium. Since the day of its launch in January 2009, it has come a long way ahead, forming a gigantic network of users which still seems to be expanding meteorically. Not only has it shown a remarkable progress over the last couple of years, Bitcoin happens to be the sole inspiration behind hundreds of other digital coins that are striving to dominate the Cryptocurrency landscape. Bitcoin is open-source which means anyone can use the original Bitcoin source code to create a bitcoin clone. As a matter of fact, all the other Cryptocurrencies are derived from the original bitcoin source-code provided by Satoshi Nakamoto.
mrbigheart (2 years ago)
damn BORING video, dude!! :( the content *is* interesting.. but the delivery method is not good!

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