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Over $20K? Why Is Bitcoin Worth Anything at All?

Bitcoin’s price continues to climb, BTC is leaving exchanges, and bitcoin "whale" sightings are becoming more frequent. But the question remains, why?

By William Foxley
Updated Sep 14, 2021, 10:44 a.m. Published Dec 16, 2020, 10:27 p.m.
BITCOIN ACADEMY: "Free market" economists were central to the development of Bitcoin. From left to right: Carl Menger, Ludwig von Mises, FA Hayek and Murray Rothbard.
BITCOIN ACADEMY: "Free market" economists were central to the development of Bitcoin. From left to right: Carl Menger, Ludwig von Mises, FA Hayek and Murray Rothbard.