Unraveling the thriller of Bitcoin’s worth for individuals who nonetheless don’t get it
Yesterday, I used to be having my morning espresso with a consumer. As we chatted, he requested me the same old questions — how issues had been going, what I used to be as much as lately.
I discussed that I take care of cryptocurrencies now. His eyebrows raised, and he requested about Bitcoin.
Skepticism flashed throughout his face, after which he hit me with the million-dollar query:
“How can Bitcoin have any actual worth when it doesn’t produce something?”
It’s a good query, one I’ve heard numerous instances since leaving my 9-to-5 job in 2021 to dive headfirst into the world of cryptocurrencies.
Right this moment, I’m going to share with you an straightforward rationalization that not solely happy that skeptical consumer however has additionally helped numerous others perceive the true price of Bitcoin.
Right here’s the important thing: Bitcoin gives a singular service.