BTC logo
BTC
$108,895.61
0.67%
ETH logo
ETH
$3,939.26
0.08%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,158.30
0.23%
XRP logo
XRP
$2.3851
1.58%
SOL logo
SOL
$189.79
2.95%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3203
2.90%
DOGE logo
DOGE
$0.1922
2.62%
ADA logo
ADA
$0.6599
1.35%
HYPE logo
HYPE
$37.63
6.04%
LINK logo
LINK
$17.88
0.89%
USDE logo
USDE
$1.0000
0.03%
XLM logo
XLM
$0.3197
1.18%
BCH logo
BCH
$516.58
1.01%
SUI logo
SUI
$2.6208
2.93%
AVAX logo
AVAX
$21.49
1.32%
WBT logo
WBT
$41.57
0.35%
LEO logo
LEO
$9.6405
0.06%
HBAR logo
HBAR
$0.1767
1.69%
BTC logo
BTC
$108,895.61
0.67%
ETH logo
ETH
$3,939.26
0.08%
USDT logo
USDT
$1.0006
0.01%
BNB logo
BNB
$1,158.30
0.23%
XRP logo
XRP
$2.3851
1.58%
SOL logo
SOL
$189.79
2.95%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3203
2.90%
DOGE logo
DOGE
$0.1922
2.62%
ADA logo
ADA
$0.6599
1.35%
HYPE logo
HYPE
$37.63
6.04%
LINK logo
LINK
$17.88
0.89%
USDE logo
USDE
$1.0000
0.03%
XLM logo
XLM
$0.3197
1.18%
BCH logo
BCH
$516.58
1.01%
SUI logo
SUI
$2.6208
2.93%
AVAX logo
AVAX
$21.49
1.32%
WBT logo
WBT
$41.57
0.35%
LEO logo
LEO
$9.6405
0.06%
HBAR logo
HBAR
$0.1767
1.69%
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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.