Where does bitcoins value come from

where does bitcoins value come from

Gates cryptocurrency

No more will be available of Bitcoin is its ability to quickly transfer large amounts secure and the source code need for intermediaries.

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How Does Bitcoin Work?
Bitcoin devotees will tell you that, like gold, its value comes from its scarcity�Bitcoin's computer algorithm mandates a fixed cap of 21 million digital coins. The value of any currency comes from the backing of the state and the trust that people have over the government. Hence, for any money to be established as an. Bitcoin's price is primarily affected by its supply, the market's demand, availability, competing cryptocurrencies, and investor sentiment. Bitcoin supply is.
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Bitcoin real price

Of course, many other factors influence Bitcoin's value. Read our warranty and liability disclaimer for more info. Moreover, it has become clear that Bitcoin does not offer true anonymity.