Month: September 2017

  • Bitcoin’s Value Is Purely Subjective

    Bitcoin’s Value Is Purely Subjective

    While one Bitcoin token is currently approaching 5’000 US$, many people wonder why Bitcoin has «value» in the first place. The first question that arises: Might those people actually mean «price» instead of «value»? Well, the concepts of price and value are entirely different. They cannot be the same logically. A person only sells, or…