-I think It is popular. many people accept and trade in Bitcoin because It is recognized and accepted as a currency by many.
-Bitcoin is decentralized and limited. This is a major factor for many Bitcoin users. Bitcoin is hard for governments to trace and tax
-Bitcoin acts like an equity investment. The market value of Bitcoins has had wild swings in value and even a market cap.
-Bitcoin is a social network. The Bitcoin "community" is active and acts like other online social networks.
-There are only 21 million bits so it has the same value as gold.
Bitcoins are produced, or "mined," through an arrangement of complex scientific equations gone through PCs. The mysterious maker of Bitcoins set a top on add up to Bitcoin volume. Once that number hits 21 million, no more Bitcoins can be produced. These advanced coins would then be able to be purchased or sold with different monetary standards and utilized as a venture or cash to purchase products from any venders who acknowledge them