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You value Bitcoin like every other currency, like US dollar or Turkish lira. However, you have to go back in history to learn what happens when multiple currenc
by Geee 5y ago
You value Bitcoin like every other currency, like US dollar or Turkish lira. However, you have to go back in history to learn what happens when multiple currencies compete in a free market (gold, silver, copper, etc.). People typically want to save the money which has the lowest expected dilution and get rid of all other forms of money. On top of that, people want to save the money which everyone else is saving. You can't predict the value, but you can predict the direction where wealth is flowing.