WHAT IS THE REAL VALUE OF BITCOIN? | MARVIN GERMO

VALUE OF BITCOIN
WHAT IS THE REAL VALUE OF BITCOIN? | Bitcoin offers an efficient means of transferring money over the internet and is controlled by a decentralized network with a transparent set of rules, thus presenting an alternative to central bank-controlled fiat money.1 There has been a lot of talk about how to price Bitcoin, and we set out here to explore what the cryptocurrency’s price might look like in the event it achieves further widespread adoption. First, however, it is useful to back up a step. Bitcoin and other digital currencies have been touted as alternatives to fiat money. But what gives any type of currency value?

Why Currencies Have Value
Currency is usable if it is a store of value, or, put differently, if it can reliably be counted on to maintain its relative value over time and without depreciating. In many societies throughout history, commodities or precious metals were used as methods of payment because they were seen as having a relatively stable value.


Rather than require individuals to carry around cumbersome quantities of cocoa beans, gold, or other early forms of currency, however, societies eventually turned to minted currency as an alternative. Still, the reason many examples of minted currency were usable was because they were reliable stores of value, having been made out of metals with long shelf lives and little risk of depreciation.2


In the modern age, minted currencies often take the form of paper money which does not have the same intrinsic value as coins made from precious metals. Perhaps even more likely, though, individuals utilize electronic currency and payment methods. Some types of currencies rely on the fact that they are “representative,” meaning that each coin or note can be directly exchanged for a specified amount of a commodity.

However, as countries left the gold standard in an effort to curb concerns about runs on federal gold supplies, many global currencies are now classified as fiat. Fiat currency is issued by a government and not backed by any commodity, but rather by the faith that individuals and governments have that parties will accept that currency.

FUNDAMENTAL ANALYSIS COURSE – https://forms.gle/4aAkNBdSxbDNnWDU6
Stock Smarts Online Course: http://bit.ly/StockSmartsZoomClass2021
To invest in Bitcoin: https://www.binance.me/en/register?ref=28061122
Grab a copy of my books: https://invol.co/cl532me
https://www.binance.com/en/nft/goods/detail?nftInfoId=215284&isProduct=1
TO INVEST IN US STOCKS FOR 1 US DOLLAR (50 PESOS): https://heygotrade.com/

USE THE CODE TO ENTER: 157523

BITCOIN ESSENTIALS:

To invest in Bitcoin: https://www.binance.me/en/register?ref=28061122

Ellipal Hardware Wallet: http://bit.ly/EllipalWallet2021

Trezor Hardware Bitcoin Wallet – https://bit.ly/TrezorModelT2021
Ledger Hardware Bitcoin Wallet – https://bit.ly/LedgerOffcial

TRADING ESSENTIALS:

Here’s my charting software: http://bit.ly/MyChartingSofrware2021
To protect your online stock trades use: NORD VPN: https://t.productlink.io/e1419vg

INVEST IN FOREX

To invest in Forex click this link – http://bit.ly/TradeForex2021

SEND ME DMS:

Join my Youtube Community: https://www.youtube.com/channel/UCy8ARJvlGyYKc6-mIRvJajg/join

Support me via Patreon: https://www.patreon.com/marvingermo

Instagram: https://www.instagram.com/marvingermo/

For business inquiries contact my team: trainings@stocksmarts.com.ph

To mail us stuff:

Attn: Yvonne Goh Germo (Please email or call first so we know we are expecting)
28 A Roxas Chua Circle Pacific Village, Muntinlupa City, Metro Manila, Philippines

ONLINE COURSES:

REAL ESTATE MASTERCLASS: http://bit.ly/RealEstateMasterClassSurvey

MAKE MONEY GROW MONEY – https://makemoneygrow.ph/videos/introduction/

STOCK MARKET FOR EVERY JUAN (TAGALOG) https://chinktv.com/collections/financial-courses-1/products/stock-market-for-every-juan?afmc=er&utm_campaign=er&utm_source=leaddyno&utm_medium=affiliate

More about me:
https://linktr.ee/marvingermo

Dividend Investing: https://www.youtube.com/watch?v=9-DQSmFvMts&list=PLlr3m26N_qh7TGHHnlwsC0p44CRf5NrTT

Chinkee Tan SANA ALL MY INVESTMENTS –
To register: https://bit.ly/2W9dv7m
Discount code: MARVIN10


VERY IMPORTANT

Please do not buy a stock just because it is talked about in Youtube. This video is for informational purposes. This is to give you a reference point and data on how you are suppose to analyse stocks only. Never buy or sell just because of this video.

#StockSmarts #Bitcoin #Crypto

You May Also Like