SHORT VIDEO

Why does Bitcoin have value?

Bitcoin does not have value simply because it is digital.

It has value because it has properties people find useful and because people around the world choose to use and accept it.

In Simple Words

Being digital does not automatically make something valuable.

Bitcoin has specific properties people find useful: its supply is limited, it can be transferred easily, and no single person can change its rules on their own.

Just as gold has value because of its properties, Bitcoin gains value as people around the world choose to use it and accept it.

In simple words, its value comes from its properties and from the network itself.

BOOK 1

Want to go deeper?

This topic is explained in more detail in Bitcoin in Simple Words — Book 1.

View Book 1