Max Keiser explains why only gold, silver and bitcoin can save you now Apr 07, 2020

submitted by hennaojichan from kitco.com

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[–]venisonmerlot 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

What exactly defines the value of Bitcoin? Because everything I read states that unlike silver or oil, Bitcoin has no inherent value at all. It is a currency based on a computers ability to solve a math problem and as such, would seem to be the modern-day equivalent to the glass beads Europeans screwed the Indians over with.

Can someone explain where it's value comes from?

[–]hennaojichan[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

And that is the reason why I have no Bitcoin or the alternative coins. Gold and Silver are the way to go. I hope someone else can answer your question.