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Module 4 of 6
Why Does Bitcoin Have Value?
Why is Bitcoin worth anything? Network effects, scarcity, the gold comparison, digital gold, and why volatility is expected — not a flaw.
7 videos·~25 min·0% complete
4.1Coming soon
What Gives Anything Value?
The diamond-water paradox and why monetary value comes from network effects.
💡Money is valuable because people value it
4.2Coming soon
Why Gold Has Value
Gold's value comes from its monetary properties, not industrial use.
💡Gold's value is monetary
4.3Coming soon
The Bitcoin Network Effect
The longer Bitcoin survives, the stronger it gets. The code isn't the moat — the network is.
💡Network effects and the Lindy effect
4.4Coming soon
Scarcity & Stock-to-Flow — Measuring What Can't Be Faked
21 million, forever — and how to measure scarcity.
💡Bitcoin's scarcity is absolute and measurable
4.5Coming soon
Digital Gold — The First Digitally Native Store of Value
Bitcoin is the first money that exists as itself on a digital network.
💡Not an IOU from a bank
4.6Coming soon
Volatility — The Price of Adoption
Volatility is expected during monetization — the same process gold went through, compressed.
💡Volatility decreases as the network grows
4.7Coming soon
Module 4 Summary — The Value Thesis
The full case in one sentence — and the bridge to common objections.
💡Bitcoin has value for the same reasons as gold, but is better