Bitcoin's Utility & Growing Globally Adoption
Bitcoin's value is maintained as it is exchangeable with various products and day by day various circles, famous people, institutions, countries are recognizing Bitcoin around the world. Moreover, various business organizations are accepting Bitcoin as a payment system for their business. Because Bitcoin is such a global revolution, its value will always remain.
The development of Bitcoin market is indeed experiencing very rapid development. more and more governments are starting to take an interest in talking about Bitcoin-related topics. this is what has quite a big impact on the growth of the Bitcoin market. when more Bitcoins are adopted by a country as acceptance for alternative legal means of payment, we will see Bitcoin in a good trend.
but due to limited supply, when all Bitcoins are in circulation and traded on the market. the value could just go wild. I'm waiting for the time when Bitcoin will experience scarcity in the market.