Bitcoin is so costly on the off chance that it will be changed over to my nation's money it will cost hundred of thousands. Why bitcoin worth that much even its lone a digital money would someone be able to give me a thought.
Bitcoin is divisible. Just because one bitcoin is worth tens of thousands doesn't mean that you cannot pay for a cup of coffee or anything like that. You are still able to do day to day transactions without any problem,s it's just that you'll be dealing with decimal points.
Right now, the pump is generated by the fact that bitcoin is now a household name.
Simple economical theory, the more demand by more people, the higher the price will be for an asset. And with bitcoin on the verge of becoming mainstream, it's no surprise that its price is going up by the week.