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Do you believe in Bitcoin?
It may sound like a wedding vow, but the faith Bitcoin demands today might be even more unshakable than marriage vows themselves.
Till you choose to SELL.
According to various sources, value refers to the degree to which something is useful, important, or desirable to individuals or society. It can be assessed through:
Utility and Significance
Scarcity and Uniqueness
Subjective Demand and Relational Evaluation
So — does Bitcoin truly have value? One might say “Just look at the price,” but that would be too simple. Let’s explore this structurally.
Bitcoin holds symbolic value as a revolutionary technology and philosophical milestone. Practically speaking, it is listed on nearly every exchange with ample liquidity — meaning that its utility and significance are widely recognized and trusted.
Bitcoin has a hard cap on issuance and stands as the origin of all altcoins. Just as all roads once led to Rome and all trade passed through the Silk Road, all crypto roads began with Bitcoin.
Those who saw value in Bitcoin early on held it tightly. When collective recognition caught up, Bitcoin became legend. As this sentiment shifts, so does the market.
Value and price are intertwined, reflecting both conscious and unconscious perceptions of reality.
But they don’t always align. As sentiment ebbs and flows, the market forms trends based on shifts in subjective evaluation. Value precedes price — or follows it — depending on how the market perceives the narrative.
Faith emerges from how many times something doesn’t betray you.
If you alone could predict tomorrow’s weather, you’d become an oracle — a guide through times of famine or feast. It has always been so.
Faith is often defined as belief in gods or higher principles. More broadly, it refers to a deep trust — in systems, people, or ideals.
In Japanese, the characters for “believe” (信) and “person” (者) combine to create the word “profit” (儲).
信 + 者 = 儲
Believers become those who profit — a structural beauty.
Why do people believe in Bitcoin?
Because of its origin story: the philosophy of Satoshi Nakamoto, the Genesis Block message —“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” —and the very disappearance of its founder.
Add to that the survival of Bitcoin through Mt. Gox, FTX, countless hacks — and what you have is not just resilience, but myth.
Bitcoin has earned its value, price, and faith through belief.
As mentioned, Bitcoin’s cycle of faith → trial → myth → renewed faith forms a loop.
Today, even self-proclaimed “faithless investors” are riding that cycle, treating the value and price formed by belief as belief itself — creating new legends through trades.
Faith supports trust. Myth supports faith. This recursive engine powers Bitcoin’s spiritual economy.
Lightning Network (LN) is a Layer 2 protocol for Bitcoin that addresses scalability issues. It offers fast, low-cost, off-chain transactions — enabling micro-payments with improved privacy.
Though challenges remain, Bitcoin refuses to give up on becoming currency.
El Salvador famously adopted Bitcoin as legal tender, along with the Central African Republic.
However, on Jan 29, 2025, El Salvador passed legislation making Bitcoin optional for payments — a partial rollback. While not functionally mandatory, the government continues to hold BTC in reserves.
In August 2025, the country announced a strategic move to spread its ~6,300 BTC across multiple wallets as a precaution against future quantum threats. A symbolic move — imperfect, but meaningful.
Real-World Assets (RWAs) are physical assets (like real estate) tokenized on-chain.
If Bitcoin is a digital-native asset simulating scarcity, RWAs are real-world assets digitally reflected — requiring no ideology, only credibility.
Thus, RWAs operate without crypto-native philosophy. They inherit trust from traditional systems and tokenize it. It is a kind of “faithless faith” — functional, but ideologically vacant.
Yet in time, even RWAs may evolve shared values — even belief.
Is Bitcoin — or crypto — truly unshakable, or simply not shaken yet?
Is it untouchable like gold, or simply untested?
The experiment continues.
Bitcoin keeps asking this question not just of markets — but of us, the participants, the co-conspirators, the believers.
And we keep answering.
I’m not part of any team — and unfortunately, philosophy doesn’t pay.
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Tags: bitcoin, value, faith, philosophy, decentralization, lightning-network, RWA