Post
Topic
Board Economics
Re: Why is bitcoin worth so much ?
by
MCobian
on 18/06/2020, 13:59:54 UTC
If asked to me why bitcoin is very valuable compared to other cryptocurrency or gold. To be honest, I can't either give a strong reason,
but in my hunch the possibility of bitcoin is the first cryptocurrency. Become better known and trusted, then bitcoin is also purely
decentralized. This might make bitcoin demand high, and become a symbol of resistance to monopoly paper money. Therefore bitcoin
has fanatical supporters in my opinion.