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0.002286 btc to usd | 171 |
Skrill to crypto wallet | 750 |
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WHAT IS BITCOIN AND WHY IT HAS VALUE. BEST EXPLANATION EVER.It has no intrinsic value and is not backed by anything. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity�Bitcoin's computer. Some place estimates at about $18, per bitcoin. The Bottom Line. Like all forms of currency, Bitcoin is given value by its users, supply and. Critics say bitcoin doesn't work as a currency, citing concerns like volatility, energy usage, and use in illegal activity. Supporters argue that it's too.