I'm curious about the value of bitcoins. Why do they hold any worth in the first place? What makes them a viable form of currency or asset?
7 answers
GinsengGlory
Thu Dec 19 2024
Bitcoin frequently draws parallels with gold.
Bianca
Thu Dec 19 2024
This comparison stems from several key attributes.
Dario
Thu Dec 19 2024
One significant factor is the limited supply of both assets.
CryptoQueenBee
Thu Dec 19 2024
Gold's scarcity has long been recognized as a key driver of its value.
Silvia
Wed Dec 18 2024
Similarly, Bitcoin's supply is capped at 21 million coins.