At first, people thought that gold is valuable because of the characteristics of gold, and Bitcoin and gold have similar characteristics.
- For example, stability, as long as you keep the private key well, no one else can steal it from us.
- Scarcity, this is well known, the earliest limited 21 million pieces will not be produced when the output reaches the upper limit.
- Bitcoin decentralized transactions are all open and transparent, everyone has a ledger, and no government can control it.
It's like between silver and gold. Why is gold more valuable than silver? The value lies in people's consensus, and once people's consensus is formed, it is not easy to change.