Who determines value/intrinsic...the people who use it...the Blockchain provides transparency and direct trading opportunity that guaranties BTC value integrity. Is it volatile..yes. All markets can become volatile when an out side force tries to manipulate and control them especially when they are in direct conflict with larger markets. With Cryptos, People now have the option to become their own decentralized bank. What was the value of Fiat currency of the Federal Reserve in 1913 compared today: A loser of 97%.in todays currency. GLD maintains it value from previous levels in history...true. And can only be destroyed by ETF paper ratio's which distorts it market value compared to the actually physical metal. GLD and SLV is a great investment BTC will not replace or threaten the metals ...but with Digital Currency pushing it's way into a cashless society...it will be a fight to who rules the out come of this new currency; the Globalists Elites or common individuals. The Blockchain is democratizing every aspect of our changing world informing us all for the better while eliminating and transforming the exploration by Top Down plutocrats and Powers to Be. It's bottoms up with the individual person armed with correct information that can share in this revolution where everyone can benefit from their own honesty, labor and intelligence. Buy and hold GLD SLV and BTC and pass the popcorn.
Congratulations @acthzhen! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @acthzhen! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!