Is Bitcoin’s Value Actually Zero?
Is the value of BTC really 0?
Is the value of BTC really 0?
Cryptocurrency does not have shareholder dividends. Moreover, developers have no income equivalent; the project team uses BTC to pay for developer contributions, which in reality gives developers something of zero value.
However, does BTC have any value?
It depends on who you negotiate with, who is willing to receive your worthless BTC, and how much they are willing to pay?
Thus, there is a place called an exchange where willing parties trade something of 0 value.
So, BTC is neither a stock with dividends nor a stock that earns interest by staking; it is neither.
So what does the blockchain call this?
"Consensus"
Therefore, strictly speaking, this is about determining how much your BTC is worth based on mutual consent regarding something that has no value.
Thus, it is equivalent to saying BTC is always worthless.
It is also equivalent to asking, "How much value does the BTC you hold have?" How much are others willing to pay for something that has no value as a value?
So there is no need to criticize whether Wall Street's assertion that BTC has no value is correct or incorrect.
Because BTC inherently has no value; it is called "how much value your BTC has in hand," which is not the same as "how much value BTC has."
To clarify this statement:
"How much value does BTC have?"
does not equal
"How much value does your BTC have in hand?"
So how many "you hold in hand" BTC are there?
The correct definition is "the number of wallets corresponds to the number of values"; if there are one hundred million BTC wallets, there are one hundred million different BTC values.
Next, let's look at PI; similarly, each BTC and each PI has a different value.
So those who do not agree with GCV 314159 can simply choose not to agree.
But if your PI is valued at 0.1, what does GCV have to do with it?
Likewise, if GCV is valued at 314159, what does it have to do with those who do not agree?
If you do not understand the so-called value of the tokens "you hold in hand," then it is best to exit cryptocurrency as soon as possible.
So why is BTC considered to potentially be worth five million in the future?
Because the so-called BTC you hold has someone willing to buy 100% of it, therefore, "all dollars are waiting to buy your BTC" is equivalent to "all BTC is priced by buyers."
