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Is Bitcoin's Worth Entirely Speculative?
Bitcoin's worth is 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.
Bitcoin's Blockchain-technology is easily recreatable; Ethereum and its currency, the Ether, are far more advanced.
Bitcoins have no intrinsic value, they are simply valuable for the reason that they are rare and that there is a finite amount of them.
Bitcoin's price is rising steadily.
The blockchain technology makes Bitcoin valueable.
Bitcoin has a number of features which make it a valuable alternative to traditional currencies. A significant enough proportion of bitcoin's value can be attributed to these applications that its value is not entirely speculative.
Bitcoin is not purely speculative. It requires tangible energy to produce them.
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