Why People Get Religious about Bitcoin
MIT Technology Review
5861

In my opinion the great gift of Bitcoin has been to clearly show how price and value are actually created. Before Bitcoin it could be argued that governments sanction the value of their currencies. However Bitcoin has value, over $6,000 of value, without the sanction of any government, without the trappings of large buildings, important people and central banks. In this respect Bitcoin is like the child in the Emperor's New Clothes who shouts out from the crowd “But he has no clothes on!”. The coin has shown that price and value are created by people, by what they believe in, not be institutions. When we really start to understand this it is going to change the financial system. So, yes, Bitcoin is all about belief but it is also a revelation!