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Why Are People Buying Bitcoin and Cryptocurrency?
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[QUOTE="AudreySkylar, post: 11400, member: 2207"] One might think that bitcoin is just a cloud with no value whatsoever, and others might assume that cryptocurrencies are just frauds. In some cases, this allegation may be right, but do not overlook that the quality of a good or service is decided by the human being who decides which one to buy. For instance, people think a Prada bag worth $3,000 is morally acceptable because they believe it’s exceptional in design or value. It’s the same case with Bitcoin or other cryptocurrencies. People consider that this is an exclusive $10,000 per bitcoin deal, for example. Cryptocurrency is extremely valuable and has not been seen in any form before. The three primary reasons for investing in cryptocurrency, are: Utility Scarcity, and Demand. [/QUOTE]
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Why Are People Buying Bitcoin and Cryptocurrency?
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