A recent Cointelegraph video addresses the top five myths about Bitcoin (CRYPTO:BTC) to dispel misunderstandings.

Despite being over 15 years old, Bitcoin still faces scepticism and misconceptions about its value and legitimacy.

Critics often argue that Bitcoin lacks intrinsic value, but its unique qualities, including decentralisation and scarcity, contribute to its worth.

Unlike fiat currencies, Bitcoin's value is not tied to a central authority or cash flows, but rather its protocol and properties.

Bitcoin serves as a global value exchange tool and a potential hedge against currency devaluation, challenging the notion that it lacks intrinsic value.