Some considerations about BITCOIN and its VALUE.

First of all I want to give a big greeting to all Steemit friends and especially to the members of this prestigious community such as PH. I want to share with all of you this post related to some considerations of bitcoin and its value.

The cryptographic world is full of a lot of uncertainty as well as positive expectations economically and financially, even more so since its economy is decentralized. Undoubtedly, there are people who question the value that cryptocurrency has reached and those differences it has with traditional assets.

As we all know the Bitcoin cryptocurrency does not have an intrinsic value, we also say that it is not tangible, i.e. it is not physical and it is not backed by anything other than the trust of thousands of investors.

On the other hand, the value of Bitcoin is based on a large number of connected machines, so there is a high degree of processing which represents an accumulated hash rate that makes bitcoin difficult to attack.

This undoubtedly makes many investors to protect their bitcoin giving much strength to it, in turn every day increase the addresses with some small amount of bitcoin, which does good for the ecosystem and plays a very decisive role for the blockchain.

Also the floor that mining manages to make is determinant for the cryptographic world, which represents a gain even in difficult times or bear markets like the current one.

Another element that is of utmost importance and that has resisted for a long time is the censorship of governments and the detractors of the whole crypto market in general..

To conclude it is important to note that bitcoin issuance cannot be altered and is very defined from the inception of bitcoin to the present, which translates into power in controlling inflation unlike centralized bails.