The True Value of a Bitcoin

Some people say cryptocurrencies have no intrinsic value. They’re wrong.

Photo by Thought Catalog on Unsplash

Critics of cryptocurrency say that the blockchain-based currencies have no inherent value. Unlike gold or other alternative stores of value, prices of crypto coins like Bitcoin are based solely on speculation and are thus doomed to always be volatile.

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Thomas Smith

Thomas Smith

Co-Founder & CEO of Gado Images. I write, speak & consult about tech, food, privacy, AI & photography. http://www.bayareatelegraph.com or tom@gadoimages.com