Post
Topic
Board Bitcoin Discussion
Re: What makes Bitcoins valuable?
by
ancafe
on 24/08/2023, 08:46:40 UTC
2. Bitcoin is decentralized
One of the reasons Bitcoin holds value, and should always hold value, is because there is no single government that can get involved and print more BTC or mess with it’s price.
This is the most interesting point about the advantages of bitcoin from one of the other advantages because it already has a fixed amount and no one can print more. So that bitcoin will have value in the long term and in the short term and can also be the best asset ever.

4. Bitcoin is anonymous
Nobody wants anyone looking into their finances. Your finances are your business. Bitcoin is anonymous, meaning although Coinbase might know who you are, they don’t know why you made the transaction.
Pseudo anonymity depends on how you use it and when it is centralized exchange engagement you are using then full anonymity is no longer the basis. Because it can still be tracked even if you don't know the reason for the transaction, but compared to existing systems it can be said that the anonymity of bitcoin is much better.