I’ve never quite understood the value of bitcoin.
I understand based on supply and demand that the price of Bitcoin has been bid up over the years, because there’s a demand for it as an investment.
If you buy stock in a company , you’re buying a share of the company, its assets, and anticipated future profits. If the company is profitable based on the sale of its products ,then you will possibly get a dividend on your stock investment.
With Bitcoin you don’t get any of that. Bitcoin does not produce goods or services or sell products to customers. Bitcoin is not a business which produces anything. Bitcoin has value because people buy into it, but there isn’t any underlying business operation with bitcoin.