14 May 2014 Why Bitcoin Have Value and Why Governments are Sceptical. Torbjørn Bull Without the assistance and support from all the people around me, writing this thesis would have been very tough. .. fundamental contention of this thesis; there is no reason why bitcoin should not be seen as money. Accepting
11 Jul 2017 Gold and tulips are commodity currencies, they have value outside of their uses as a currency. The dollar and bitcoin are not commodity currencies, i.e., they have no value or use outside of their use as currencies. Whether bitcoin can be called a 'fiat' currency is debatable because it's not a currency "by fiat"
27 Dec 2017 Faucette's report – entitled “Bitcoin Decrypted” – did not give a concrete figure for what he thought bitcoin was worth. But a section called “Attempts to Value Bitcoin” revealed the difficulty in valuing the cryptocurrency. Bitcoin – unlike gold, which is used in jewellery and electronics – has no real use,