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How does Bitcoin compare to other currencies?
How is the dependence of bitcoin on other currencies determined? After all, the first users of the network did not buy bitcoin from anyone for the existing currency or other values, where did the value of these electronic coins come from then?
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Value arose from desire, which generates value. For example, I'm too lazy to mine, but I want bitcoins. I can offer to buy so many bitcoins at such and such a price. If we get along with the seller. then the deal went through. Here comes the cost. At first, such an exchange appeared like a sign on a forum.
And in 2010, one friend said that he wanted to buy pizza for bitcoins , who they say is ready to help. And another user ordered pizza for him, paying in bucks, and received bitcoins to his account. By the way, 10,000 BTC for 2 pizzas. This is where value comes in.
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