Itâs a good time to post this, given how many people are saying Bitcoin has zero value or is worthless. Comparing Bitcoin to tulips, Beanie Babies, or even gold is a poor analogy, since none of those offer the utility of the blockchain. As the video explains: âIt lets you send and receive value to and from anyone in the world using nothing more than a computer and an internet connection. Why is that revolutionary? Because unlike every other tool for sending money online, it works without needing to trust a middleman.The absence of a corporation or intermediary means Bitcoin is the worldâs first public digital payments infrastructure. And by public, I mean available to everyone and owned by no single entity. We already have public infrastructure for information, websites, and email â thatâs the Internet. But the only public payments infrastructure weâve had until now is physical cash, which only works for face-to-face transactions.âPlease take the time to understand this before spreading false ideas about Bitcoinâs lack of value. Maybe it will go to zero (I donât think so, but Iâm wise enough to know I could be wrong). Still, if it ever does, it wonât be for the reasons most people claim. When forecasting the future, one must base predictions on understanding â otherwise, itâs just random luck.
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