News about Bitcoin

More / Bitcoin Reddit - 2 years ago

Bitcoin is the king of all commodities

It's often said that Gold is the king of all commodities because it has one property that all other commodites don't, and thats the property of being money. But everything is relative, gold is only the best money because it's better than...

More / Bitcoin Reddit - 2 years ago

How does Bitcoin have value?

I was talking with a friend and he made the claim that Bitcoin has no value like fiat currencies because it isn’t backed by gold or oil. I know the hash rate backs the Bitcoin network but can it really have intrinsic value if the electricity used to...