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Tim is a web designer. He made a website for Josy. Now Josy needs to pay him ₿0.01 That is what gives Bitcoin value. That Josy needs it to pay Tim.
by ArtTimeInvestor 5y ago
Tim is a web designer. He made a website for Josy.
Now Josy needs to pay him ₿0.01
That is what gives Bitcoin value. That Josy needs it to pay Tim.
- kuratkull 5y agoTim needs to spend real world money to be able to sustain his web development - so he has to sell his bitmoney.
- ArtTimeInvestor 5y agoMaybe. Still this constellation creates demand for Bitcoin. And demand creates value.