Why Does Bitcoin Have Value?

[@rolovolo]

Nice!

[@84wildstyle]

It has value because people believe in bitcoin and buy and sell it. If trust in any currency in the world goes along with it its value will go also. Period.

[@84wildstyle]

P.S.: "It shouldn't take days and high fees to send money". :D Have you tried making a bitcoin transaction when its price is wildly going up?

[@specialk22tt]

⁠@@84wildstyleYou think the price of your transaction isn’t already baked into your fiat transactions? Whether it’s fees from your bank, financial institution, retail price, etc, it doesn’t matter - the cost of transacting money is going to come from somewhere and you’re going to pay it. The dollar has lost 99% in the last 100 years. Your purchase settles in ~45 days, not when you swipe your credit card. Wiring money costs at least 10%. Bitcoin is digital scarcity and transactions settle in 10 min, 24/7. Your ignorance shows you are naive. I’m not trying to insult you, I’m saying you don’t understand it fully yet. Keep reading and learning. Bitcoin is almost perfect and 1000% better than any other money.