What makes Bitcoin valuable?

[Krispin47]

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.




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@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential

I think bitcoin is valuable in the sense that government from any country may have hard time in tracing and adding of taxes in every transactions made. Also, there is a cap set of the total bitcoins which limits how much currency can devalue through inflation. It acts like an equity investment where the market value has wild swings in value and even a market cap.

[Sandijoee]

bitcoin is coin no 1 in cryptocurrency. According to my own understanding, I think bitcoin is valuable because many people are investing and Bitcoin is too valuable because Bitcoin has a bright and good future that can be the talk of many people in the world and can change people's lives for the better.

[jayarbillones]

Bitcoin is easy to earn and easy to invest as compare to fiat. Well maybe since bitcoin is decentralized and every people like this fact and making money with it. Another is that bitcoin helps us by being convenient and gave us less hassle in most of the transaction. And bitcoin is the safest way for investment.

[by24]

Bitcoin is more valuable than other things. Because, bitcoin is the first generated Crypto. At the same time, it has a limited supply and a useful one by the help of blockchain technology.

[55caRtel]

It has all characteristics of a currency

[Missterio]

Its simplicity and quick convenience. you can send money at any time quickly and conveniently.

[linshuhow]

the decentralised nature of the currency

[RNLCK]

Bitcoin has a lot of advantages, it play a important role in financial, transaction of money, do online payments and so on. We cont hack the bitcoin easily because it is decentralized.If we hold for long we defiantly get profit so that makes BTC valuable.by getting profit is only valuable for bitcoin.

[Flance12]

Its scarce

[SkustaClee]

Demand makes bitcoin become more valuable than before. Bitcoin has limited supply of 21 millions. As time passing by, the value of the bitcoin is rising up because of the limited supply of the bitcoin. I think it is the reason why we should hold our bitcoins.

[welliamy]

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.







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@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential

For my opinion,every currency is valuable and some that make bitcoin different from others
And some perceive bitcoin to be more valuable,or more useful,than other currencies in that it
Is a better option for the purposes such as a digital transfers.

[mrsbee]

Bitcoin, like gold has value because people believe it has value. If people value something, it is “valuable” to them. Often we attribute value to things simple because we can do something with it that cannot be done otherwise.

Bitcoin is different than fiat (Government money) in that there is nobody forcing you to use it (to pay your taxes, etc), or preventing you from using it (as in capital controls, etc).
Bitcoin is neutral: it is indifferent to where you were born, where you live, who you are, what you are buying, etc.
Bitcoin has technical properties which make it much more flexible, programmable and reliable in certain situations, so it has properties which might make it more valuable to someone who needs those.
Most of the value today is speculation because people believe it could replace many sections of our economy currently controlled by banks.
For some people, those are very valuable properties (and there are many more reasons not listed here), therefore they are willing to trade fiat money for bitcoin. That is how the price rises.

The more people put their time, energy, money and creativity into something, the more they value it usually. Therefore people like myself assign a lot of value to it as we are helping the network to grow and become more usable.

[ninjaeth]

A key benefit of bitcoin is known as “censorship resistance,” its ability to be used for transactions that could normally be censored by other payment networks. That the main feature which makes bitcoin valueable, in my opinion.

[Ahsan Aly]

Yes, obviously BTC is decentralized currency. BTC is an initial crypto currency so it has worth in trade market. BTC is trend maker and fortunately it is on the peak. And BTC merged with Blockchain, and we know Blockchain is integrate companies and all their assets and money into one platform. So these points makes this valuable..!!

[brengoskandel]

Truly number of variables are there which is making bitcoin more significant. The decentralization and the benefit that is cash individuals are getting from bitcoin can likewise be the primary reason which is making bitcoin more profitable. Truth be told it is additionally a result of the expanding interest of bitcoin clients.

[zhundy]

Well bitcoin was the kind crypto currency ever so it has gained some popularity and trust among people which has raised its demands greatly.And with it's demand the number of bitcoins isn't unlimited it is only up to 21 million.Bitcoins are also valuable because it is anonymous and decentralised which peek interest of many people and bitcoin are great for long term investment.

[GeniusAko]

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.




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@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential

Bitcoin is building more trust to its users and it is the reason why the price of the bitcoin is becoming more valuable. Bitcoin is becoming more popular because of its importance in our economy and society.

[naily]

Because bitcoin is the beginning and reference of all existing altcoins. Bitcoin also has a very high price compared to other coins.

Technological developments are increasingly advanced so as to make bitcoin can be a payment to buy and pay for something you buy so bitcoin becomes frequently used for several payment methods. And I think that's what makes most bitcoin prices have selling points

[qwertyuiop0987654321]

I firmly believe that only two of the most important factors affecting Bitcoin, the Internet and market demand, the Internet determines the existence of bitcoin is meaningful, and the market demand is to determine the current price of Bitcoin and the future price forecast.

Bitcoin is valuable in the sense that it has many uses. It can help you at any cost at any time especially in financial problems. It has its unique sense of help in an individual whether on how he/she uses his/her Bitcoin in his/her daily life.

[Bruce1614]

I think bitcoin is important as in government from any nation may have hard time in following and including of assessments in each exchange made. Likewise, there is a top arrangement of the aggregate bitcoins which restrains how much money can downgrade through swelling. It acts like a value venture where the market esteem has wild swings in esteem and even a market top. Finally, bitcoin is an interpersonal organization where numerous individuals from around the globe may connect and do exchange quicker than the standard path in connection to cash exchanges.