Why are people going to pay more for bitcoin in the future?
Where does the value held come from, though? The tech verifies transactions and ownership, and that's very nice, but what are you owning?
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You're owning a cash that can be transferred on the internet without 3rd party verification. Stop and think about that.
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Beyond that, what is the value behind ANY currency? Demand for it, alone. Even the goldbugs' appeal to "intrinsic" value misses the overwhelming point re gold: it's a currency PRECISELY BECAUSE it's practically useless.
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90+% (iirc) of the gold mined in human history is sitting in vaults. This makes dilution impossible. Hence gold "valuable".
End of conversation
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