Bitcoin is a digital currency and its value is all perceived value at the moment. There is nothing physical or regulatory about Bitcoin and Dogecoin, or cryptocurrency, in general. Yet, like all monies cryptocurrency too can find acceptance in future.May 20, 2021
Here is the Value! Similar to Fiat currency, Bitcoin (or most of the cryptocurrencies) is also not backed by any gold or silver hence does not have any intrinsic value. The value of any currency comes from the backing of the state and the trust that people have over the government.