People often say that Bitcoin has no “real” value because it isn’t backed by anything. But today’s fiat currencies, which we all use every day to buy our food and pay our bills, aren’t backed by anything tangible either. Meanwhile, gold and other precious metals are still considered intrinsically valuable, even though nobody uses gold or silver coins anymore. So what actually makes something valuable, and is this “intrinsic value” an important factor?
| Country | Global | Language | English |
|---|---|---|---|
| Cost | Currency | Free | |
| Date start | 2021-02-24 | Date end | 2021-02-24 |
| Duration | < 1 day | Type | Webinar |
| Subject | People often say that Bitcoin has no "real" value because it isn't backed by anything. But today's fiat currencies, which we all use every day to buy our food and pay our bills, aren't backed by anything tangible either. Meanwhile, gold and other precious metals are still considered intrinsically valuable, even though nobody uses gold or silver coins anymore. So what actually makes something valuable, and is this "intrinsic value" an important factor? In this webinar, we'll discuss how Bitcoin and gold are actually more similar than you might think, in terms of what makes them valuable and desirable. This topic is particularly important now, as Bitcoin continues to break new price records, and the cryptocurrency revolution begins to fill in economic gaps created by the Covid-19 pandemic. Join us, and bring your questions and comments for discussion. |
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