Something is worth whatever someone else is willing to pay. If everyone thought of Bitcoin the way I do: its price would plummet. Fiat currency works because

Something is worth whatever someone else is willing to pay. If everyone thought of Bitcoin the way I do: its price would plummet. Fiat currency works because it's linked to a county's GDP, its credit (in the eyes of other nations). With such a system, you can put a price on commodity, like gold or Bitcoin. World trade is mostly done with the US dollar. Others are willing to trade the dollar because of belief in its issuing country's GDP and future economy. I understand that lack of faith in the US dollar and its 'money printer' are part of Bitcoin's rise... But that's a different topic in my opinion. Anyhow, gold is created in the heart of exploding stars, it looks good (we all love pretty, shiny things), it's rare. It's used in most advanced electronics (it's critical for sure, not sure about practical). Gold has always existed, and there's no doubt it will exist in the future. Bitcoin is math and ordered electrical charges. It's not being used the way it was intended. Its future is uncertain (quantum computing), and seems to be a big ponzi scheme. How are we expecting the value to keep increasing?