Why is bitcoin worthless

1. The capital disk is made up of the people in front and those in the back. It has no value. This kind of source code is worth a lot. Don't invest in the capital disk. Most people have nothing to lose

2. First of all, I always feel confused that the acquisition of original bitcoin does not depend on labor or value exchange, but on computer power consumption. From the perspective of miners, the acquisition cost of bitcoin is the electricity charges
secondly, bitcoin is obtained according to some algorithm. According to my understanding, there are specific parameters. As long as the parameters are changed, there will be nt and NT. As long as the formula is obtained and the parameters are slightly changed, a new currency will be generated
again: who gives it value? It is said that some people used a lot of bitcoin in exchange for a hamburger at the beginning, and now it can be sold for more than 2000 US dollars. The value depends on the number of speculators, so once I have fewer people, its price will definitely come down
when we talk about the value of bitcoin, we are actually talking about the value of bitcoin. In other words, we're talking about the value of bitcoin, essentially the price of bitcoin
how to measure the price of bitcoin? To take an extreme example, if there is a bitcoin tycoon who grabs all bitcoin through his amazing IQ, how many legal coins can he exchange? I think it's probably the only way to exchange these bitcoins for a hamburger< In fact, bitcoin has no practical value. It's a kind of artificial currency
in other words, virtual currency itself does not exist, because many people believed in it and later established order. It's a community behavior, a community of cultures and developers from all over the world. It establishes order through the Internet system. In essence, bitcoin is endowed with value by a common group, because many people believe it is valuable
similarly, the value consensus of legal currency is e to the endorsement of the government and the recognition of the value of the law, that is, the group consensus gives value
therefore, bitcoin can be regarded as valuable under certain circumstances, but the groups that give it value and the government are basically two different concepts, and the risk is much greater than that of legal currency
therefore, whether there is value or not depends on different opinions. PS: indivial investors are not recommended to speculate. Prices are all controlled by big investors. If others want to go up, they will go up, and if they want to go down, they will go down. Indivial investors are all cut leeks. Don't be jealous of how much money others earn
I hope my answer will be helpful to you and help him. Thank you.

3. Judging whether a thing has value or not does not lie in whether it can satisfy you like rice or quench your thirst like water. The key to judging whether a thing has value or not lies in whether people recognize and accept it
banknotes are valuable because they are accepted and you can exchange them for other things
a book is valuable because some people are willing to spend money on it. For example, "a rookie can learn to manage money at a glance" costs 30 or 40 yuan, but many people still buy it
the stock you buy is valuable because when you sell it at an appropriate price, someone will buy it
has anyone recognized bitcoin? Of course, some famous companies or organizations, such as Microsoft, Dell, Starbucks, PayPal, Wiki, Firefox, Greenpeace, Eppie, Newegg and overstock, have accepted bitcoin payment. In addition, tens of thousands of businesses around the world have fully accepted bitcoin payment
it can be seen that bitcoin is recognized and accepted by a large number of people, so among these people, bitcoin is valuable.

4. Because stir fry can make money, take a chestnut, a businessman went to a mountain village, the mountains around the village are full of monkeys. The merchant and the farmers in the village said, "I'll buy a monkey for 100 yuan.". The villagers didn't know whether it was true or not. They tried to catch the monkey, and the merchant gave them 100 yuan. So the whole village went to catch monkeys, which was much more cost-effective than farming. Soon the merchant bought more than 2000 monkeys, but there were few on the mountain. At this time, the merchant offered 200 yuan for each monkey. When the villagers saw that the price of the monkey had doubled, they went to catch it. The merchant bought it again, but it was very difficult to catch the monkey. The merchant offered another 300 yuan to buy a monkey, but the monkey could hardly catch it. The merchant offered 500 yuan for each monkey. There are no monkeys on the mountain. More than 3000 monkeys are here. One day, when the merchant came back to the city, his assistant went to the village and said to the farmers, "I will sell you monkeys for 300 yuan. When the merchant comes back, you will sell them for 500 yuan, and you will be rich.". The villagers were crazy. They smashed the pot and sold iron. They collected enough money to buy all the more than 3000 monkeys. The assistant left with the money and the businessman never came back. The villagers have been waiting for a long time. They firmly believe that the businessman will come back and buy their monkeys for 500 yuan. Finally, someone can't wait any longer. The monkeys still have to eat fruit and bananas. There's a cost. They can only put the monkeys back on the mountain, which is still full of monkeys.

5. Bitcoin is not legal tender, but a tool of speculation. Our country and many countries prohibit bitcoin trading