What Gives Bitcoin Its Value? | BBS 2026 Day 2
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0:00A: How do you know what’s going to get rug pulled? You’re asking about, like, anybody could just screenshot your NFT. So where’s the value really coming from? And I think that kind of presents the whole concept, right? What’s the value proposition of a Bitcoin, right? Like you said, you’ve heard of Bitcoin or Dogecoin and what distinguishes them, right? And so Bitcoin is the first cryptocurrency. It was designed to be like a currency that could disrupt centralized government-run money, right? And that’s because of inflation, right? Every year the government can print as much money as they want and do what they want with it. But as working-class people, we have to go to work to earn money. But that work is worth less when the dollar goes down in value and goods go up in value, right? And so crypto was really -- Bitcoin particularly was designed to think about what can a new kind of money be that can be separate from, you know, the powers that be that might not always print money with our interests in mind, you know? And now it’s being proposed to really be like the future reserve currency, right? And so all of money is kind of a gamble, you might say.
