Bitcoin 101: How Can Bitcoin Be Worth Anything?

— Jack Mallers launched a new Bitcoin 101 educational segment focused on first-principles economics, value theory, and why Bitcoin can have worth despite being digital information.

— Scarcity alone does not create value; rather, something must be both useful and scarce to be an economic good. Usefulness creates demand, and scarcity makes that demand consequential, resulting in price.

— Value is entirely subjective and emerges from human needs and choices. It exists in the relationship between a good and a person's desire to satisfy a need, not embedded within the thing itself.

— All economic activity stems from the human condition: we have infinite wants but finite resources, forcing us to make choices at the margins. These marginal decisions determine prices across any marketplace.

— Bitcoin has value because individuals find it useful for solving specific problems—holding purchasing power, evading financial control, moving value across borders—and the supply cannot expand to meet demand.

— Strike announced new features including volatility-proof loans expanding to eight more U.S. states, a redesigned activity view with filtering and export capabilities, and plans for interest on cash (~3.5% targeting) and stacks feature (sub-accounts) launching in September.

— Understand that Bitcoin's value derives from its utility solving real problems (censorship resistance, finite supply, self-custody, global transfer) for individuals with genuine demand. Price discovery emerges organically when people make marginal choices to hold Bitcoin over competing assets based on their own circumstances.

— When deciding whether to hold or acquire Bitcoin, compare it against your actual alternatives (cash, stocks, bonds, gold, real estate) at the margin, recognizing that subjective value changes based on your personal needs and time horizon. Daily choices to hold or sell Bitcoin reflect your real assessment of its usefulness to you.

— Use Strike's new activity filtering, download, and export tools to simplify tax reporting and cost-basis tracking; plan to take advantage of interest on cash (targeting launch September) and stacks feature (sub-accounts for different savings goals) once rolled out to your region.