Why bitcoin is so expensive

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Milton Friedman, the most well-known member of the Chicago school of value due to a say, no good or service.

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LUDWIG VON MISES: How Did Bitcoin Become Valuable?
A bitcoin has value because it is able to be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is. 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. best.2019icors.org � Why-is-Bitcoin-so-high-rate-and-expensive.

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calendar_month 07.05.2022

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Unlike Bitcoin, Diem would be fully backed by reserves of U. Navigating the uncertainties of US-China relations over the next decade. Compare Accounts. If you had blinders on and were told you had the option of holding a money that could be printed at will or one with a hard limit, which would you choose to own?