Topic: What makes Bitcoin valuable? - page 2. (Read 2876 times)
I think why Bitcoin is valuable is because Bitcoin has the advantage of being the best way to store and exchange wealth, and Bitcoin is rare.
bitcoin is valuable because it is decentralized.
Before 2009, there is no decentralized currency ever created.
Many peoples gathered from 2009 until now and collect bitcoin by buying it.
They buy low, and sell high. Buy low and sell high, the process repeated many times, resulting a higher price of bitcoin every year.
Before 2009, there is no decentralized currency ever created.
Many peoples gathered from 2009 until now and collect bitcoin by buying it.
They buy low, and sell high. Buy low and sell high, the process repeated many times, resulting a higher price of bitcoin every year.
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Don't forget that bitcoin also solves massive problems about economics such as unemployment, poverty and malnutrition well of course it is always related to money. but atleast it somehow help our economic growth. Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Perhaps, bitcoin defies the traditional meaning of value and asset. It created a world where value is just a matter of perception and acceptance. But, indeed, even bitcoin is just an encrypted coin, non tangible, neither a material, it is now consider so valuable and even more precious than gold in terms of price. It is perhaps the, the sum of all its potential properties that makes it highly valuable. Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
as far as I know the bitcoin is considered valuable, because the amount of the price is quite high and bitcoin is also very helpful to us in the economic needs, therefore people consider bitcoin is quite valuable
it is also the usage of bitcoin that makes it more valuable. Satoshi created a decentralized payment system for anyone to use without any problems or restrictions. and as bitcoin gets closer to being a real currency instead of just being for speculation, the price of it grows and that makes it more valuable.
that is why i am very excited about Lightning Network because it helps with the currency aspect of bitcoin with fast transactions and low fees. hopefully we can get cheap on chain transactions back so that LN can work better.
For me bitcoin is the most valuable among the rest of the crypto because it is the first cryptocurrency was made in this world and it is the best currency now and I believe in the near future the price of it will be very high. that is why i am very excited about Lightning Network because it helps with the currency aspect of bitcoin with fast transactions and low fees. hopefully we can get cheap on chain transactions back so that LN can work better.
Bitcoin is seen as valuable due to it being decentralized. In my opinion, since it is non-taxed in some countries and away from the government, the demand for bitcoin increases thus increasing the value of bitcoin. Compared to physical money, it is easier to invest with bitcoin. However, the downside of bitcoin is there have been numerous scams with regards to bitcoin.
Bitcoin was seen as valuable due to its being a decentralized system. In my opinion, since it is non-taxed in some countries just like in Philippines and away from the government, the demand for bitcoin increases with an increasing value of bitcoin. Compared to physical money, it is also easier to invest with bitcoin through bitcoin wallet. However, the downside of bitcoin is there have been numerous scams with regards to bitcoin so just always focus on your accounts.
help you to improve your life.
Yes Bitcoin is too valuable because it may be the most important reason of the fact you've already said that Bitcoin is safe and privacy is most of them useful. market demand controlling the price of Bitcoin and the future will be more improved and better than now. Bitcoin makes it worth its own demand every day. Smaller businesses and larger companies are now adopting Bitcoin Cryptocurrency as a way of online payment.
I think the reason why bitcoin is valuable is because many people use and degrade it as a digital currency. In other words, the Request makes a valuable bitcoin with a limited supply amount.
Bitcoin has many uses, advantages and it is very helpful in terms of finance.
Bitcoin is centralization. I think this is the biggest value of bitcoin. People can quickly achieve mutual trust through this medium, allowing us to work together quickly and integrate many industries to improve the efficiency of social work.
Bitcoin is valuable because its decentralized currency and people are the ones that gives value along with technology if we're talking about bitcoin. The complex technology used in bitcoin which is block chain makes it extremely valuable. Bitcoin also provides a lot of perks given that its a digital currency which is convenience, fast transactions and world wide trades. Bitcoin also can't be faked.
Bitcoin has produced an ecosystem where many people are willing to trade and accept it, even some bitcoins feel more valuable or more useful, than other currencies. And what makes bitcoin worthwhile is the few things that make each bitcoin currency different from the others.
Bitcoin is the great way to stay safe and confidential. I think that the best way to earn money is to trade bitcoin. The level of confidentiality is high which makes it really worthy and powerful. Most people prefer holding it and then selling when the price is high
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
The only thing that makes Bitcoin worthy is buying-selling. Because, Bitcoin's not have product and if there not any product, it means nothing can affect price of Bitcoin.
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
yes, besides that bitcoin is valuable because bitcoin is the first cryptocurrency and until now bitcoin is the base of altcoin. Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Bitcoin makes transactions fast and safe, low fees. Besides, Bitcoin is valuable for its demand, fully personal authorization. It has a good future potential.
BITCOIN IS THE FIRST MEMBER OF THE WORLD
BLOCKCHAIN TECHNOLOGY
HIGH SECURITY
HIGH QUALITY SECURITY
RESTRICTIONS AND INFLUENCING RULES
NOT CONTROLLED BY THE GOVERNMENT
BLOCKCHAIN TECHNOLOGY
HIGH SECURITY
HIGH QUALITY SECURITY
RESTRICTIONS AND INFLUENCING RULES
NOT CONTROLLED BY THE GOVERNMENT
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
-
@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Bitcoin is Digital Currency which will many people had benefits the high value of the currency. We can make any transactions, deposit and withdrawal as fast we could. I really think that the bitcoin is better and valuable.
Fundamentally, bitcoins derive their value just as anything else does: because people want them. Like any other currency, bitcoin follows the basic rules of
supply and demand. While fiat currencies derive value from the governments that back them, currencies like gold are valuable in and of themselves.
Currently, bitcoin isn’t like other currencies in that it is not universally accepted. There are limits on what it can be used for. While not backed by a
government or valuable by themselves, bitcoins are still used as a store of value, a placeholder for the goods and services that they can be exchanged for,
as with traditional currencies.
supply and demand. While fiat currencies derive value from the governments that back them, currencies like gold are valuable in and of themselves.
Currently, bitcoin isn’t like other currencies in that it is not universally accepted. There are limits on what it can be used for. While not backed by a
government or valuable by themselves, bitcoins are still used as a store of value, a placeholder for the goods and services that they can be exchanged for,
as with traditional currencies.
Bitcoin as being decentralized is what make it's valuable. To be not controlled by anyone is favorable for all investors.
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