Val on Nostr: Ok but what would Bitcoin worth, what if one of those big company owns a huge part of ...

Ok but what would Bitcoin worth, what if one of those big company owns a huge part of the Bitcoin.
If you look at the story of money money only worth something if people put value on it. Gold is valued by everyone. Dollars right now was valued on petrol… as you said things can disappear and it has already happened in the past.but if Bitcoin is not valued or used how do we know it is worth something? I understand your point that in term of technology it is a fantastic tool. But what is it indexed against? People opinion? People usage of the Bitcoin? Production? Or is it just speculation?