Quote from: qwertyup23 on Today at 07:11:31 PM

Quote from: Poker Player on January 26, 2022, 04:47:05 AM

When I read the title, I thought you were asking us why it is valuable but I see that you are rather telling us why it is valuable. I don't know where you get your example from, but the only thing you are right about is the 21 million limit. It is as simple as that it is the best digital system to store and transfer value, especially in large quantities, decentralized, autonomous and resistant to censorship.

To be honest, I also got the same feeling when OP phrased his title as I was expecting it to be a question, but it turned out that it was some valuable information instead.

But like you mentioned, the reason on why BTC is considered to be valuable is due to its inflationary value and limited supply on the market. Having only a 21 million in supply means that its price is bound my inflation, and supply-demand. Considering that BTC is used as a form of currency that deletes the use of a third-party in handling our transactions, people can safely transact on the BTC network money from one person to another, without worrying too much on your identity.

I just attempt to write "Why Bitcoin is valuable?" but after reading the OP I was just deceived... Cheesy

Yes, I agreed that Bitcoin deletes the use of a third party, but still, it has some weaknesses that's why we have to rely on paper money till now.
You know Bitcoin is not a sovereign currency that's why it's usable between a short circle not worldwide, and chargeback is another big factor to use bitcoin in real life.

I think the real value of Bitcoin insists on its decentralization nature, people can hold their funds anonymously that's why they feel interested to move into Bitcoin. And most of them are invested in Bitcoin hoping to get rewards from Bitcoin.