4min chapter

Blue Collar Bitcoin cover image

Basics_01: Intro to Bitcoin

Blue Collar Bitcoin

CHAPTER

The Subjectivity of Value in Bitcoin

Bitcoin trades at a price, it shows it as value. If it did not have value, people would not swap their money to obtain Bitcoin. And so I think that this goes for anything in the world - if someone is willing to purchase it, it has value. What that value is also may differ between some people. Some people may want that savings vehicle. Some people might want the ability to mine Bitcoin or basically monetize energy directly. Depending on what you value is going to determine what you find valuable in Bitcoin.

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