What is bitcoin worth? That would seem like a fairly easy question, answerable by simply checking the top banner of this very page. But what gives it this value? That would seem to depend on who you ask. Proof of Work There are some for whom the answer to even this question appears simple. Bitcoin has value because there is a cost in terms of processing power and energy usage to mine it. Right? This is essentiallyRead MoreThe post On Marxism and the Value of Bitcoin appeared first on Bitcoinist.com. For Further Information Click on Below ButtonShow More