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Is Bitcoin's Worth Entirely Speculative?
Bitcoin are mined simply for the purpose of creating money; a real currency keeps up with the people's wealth in an economy.
Bitcoins are mined as a way to reward people for maintaining and securing the entire system. The purpose is to validate the transactions in a decentralised system and avoiding double expenses.
Bitcoin has the advantage, as gold, to have a limited supply. Fiat currencies can be printed by the governments as they please or need and that creates hyper inflation. Such a concept simply does not exist with Bitcoin.
Fiat money can also be created, producing inflation.