Who or what makes bitcoin so valuable?
The peoples make bitcoin so valuable same like people makes a piece of paper worth something (fiat money). The more and more people around the world perceived the value of bitcoin , the more valuable it will become.
It is the most secure system in the world, it is limited, decentralized and immutable. The adoption is growing big time and there are more and more people going to exchanges like Binance, Primexbt, Kraken etc… to get involved. It gives you full control over you money.
Demand drives the value whereas trust and security determines its credibility and reliability as a medium of exchange.
At the end of the day, the value of cryptocurrencies and fiat currencies comes from “trust.” Money will always have value as long as society believes in the fiat currency system. The same is true for Bitcoin: as long as users trust it, it has value, but there are more factors to consider. Unlike fiat currency, Bitcoin is not regulated by a central bank, and its decentralized architecture has spawned a unique financial system.