According to KookCapitalLLC, the value of Bitcoin is not determined by its utility or functions, but rather by its inherent characteristics and perceived identity. This perspective suggests that traders should focus on the intrinsic qualities of Bitcoin, such as its decentralization and scarcity, as these are key factors influencing its market value. This insight can guide trading strategies by emphasizing the underlying principles that support Bitcoin's valuation. [Source: KookCapitalLLC on Twitter]