Behind the existence of any currency, there will be strong support, such as national credit or precious metals.
Now threatening to invest in Bitcoin is anti-inflationary because of the openness of decentralization? Bitcoin, like gold, does not generate cash flow and has no equivalent conversion. How to measure its true value?
Every country is developing its own encrypted digital currency
I really don't understand why big investment institutions invest in such assets?
Ask God to explain the future development and application scenarios of Bitcoin
1) Tulips are used as an example of poor value, but that's silly. It took 30-40 years to grow these tulips, making them of high value.
2) The black plague killed the tulip market.
3) There were a few years of stock markets artificially inflating the Dutch market, which decoupled value from reality. Tulips should be a warning about stock markets, not high value tulips.
4) Tulips rot. Bitcoin doesn't.
5) Bitcoin doesn't have true value. Nothing does, except the value that we give it. You buy ice cream? Why? Because you like the taste. But you don't need ice cream. Bitcoin is the same -- people buy because they like the taste (or don't buy because they don't). All monetary policy is based on perceived value, but which perception we as a society collectively agree on to enough an extent to share the value.
6) Big institutions invest in bitcoin because it has established itself for the longest period of time over any cryptocurrency, and has the largest overall perceived (which translates to real) value.
7) The future application of bitcoin is investing in populations. You invest in stocks to help a company grow, right? Well, bitcoin investments may help communities grow their other resources. I believe that many people will be able to help their societies by how they invest their future bitcoin profits, and it won't be contained to speculation.