Friday, February 2, 2018

Why people think bitcoin has value, I still don't understand?

I still don't understand why people will value Bitcoin or any derivative coins.

When I first heard about the name of Bitcoin when it was first come out, my instinct think of it has absolutely no value besides wasting resources to calculate those blocks.

The so call decentralize nature of it only has value on the eyes criminal for money launching. Each and every transaction need to be kept in the bitcoin network and it is growing bigger and bigger. That is causing Transaction are getting longer and longer

Even with today's value of USD$8K per bitcoin, I still see no value of it.