What drives bitcoin value? Traditional fiat currencies like the US dollar drive their val

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What drives bitcoin value?

Traditional fiat currencies like the US dollar drive their value from government backing power from authority gives local currency their intrinsic value.

Bitcoin a decentralized digital asset derives its value from [users] the value placed on it by users.

Without the adoption and users embracing bitcoin its value ranging from its large market cap will be worth zero.

This equally means Bitcoin is represented by users across the world.

Share your thoughts on what drives bitcoin value will love to know in the comments section.



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