Unraveling the thriller of Bitcoin’s worth for individuals who nonetheless don’t get it
Yesterday, I used to be having my morning espresso with a consumer. As we chatted, he requested me the same old questions — how issues had been going, what I used to be as much as lately.
I discussed that I cope with cryptocurrencies now. His eyebrows raised, and he requested about Bitcoin.
Skepticism flashed throughout his face, after which he hit me with the million-dollar query:
“How can Bitcoin have any actual worth when it doesn’t produce something?”
It’s a good query, one I’ve heard numerous occasions since leaving my 9-to-5 job in 2021 to dive headfirst into the world of cryptocurrencies.
Right this moment, I’m going to share with you a simple clarification that not solely glad that skeptical consumer however has additionally helped numerous others perceive the true price of Bitcoin.
Right here’s the important thing: Bitcoin provides a singular service.