hello everyone, I am a newcomer to here, so I want to ask, what is bitcoin and why is it so high value, and is there a higher value than bitcoin?
1. Bitcoin is a cryptocurrency or you can say a digital asset that can hold, buy, sell or trade by it’s holder.
To make it more easier to understand you can compare it to Digital gold.
2. Bitcoin has a fixed amount of supply and i guess you have heard the trend of supply and demand, if the demand is high and supply is less then gradually the price will rise and you can conclude this as one factor for which the price of the coin is too high.
3. If you are talking about cryptocurrency then BTC is the most valuable and expensive crypto that a user can hold or buy.
Hope this helped you OP. Glad to know that many people are showing interest in cryptos now a days. If possible share the knowledge about cryptos to your friends and invite as much people as you can to join with us.
Have a nice day ahead.