Post
Topic
Board Bitcoin Discussion
Re: What makes Bitcoins valuable?
by
bayu7adi
on 24/08/2023, 18:30:34 UTC
Bitcoin is eventually a digital store of value because ;

1.Bitcoin is decentralized
Bitcoin is not concentrated on just an organization or company ,it doesn't necessarily need any rules to be guided with.
Some folks see this as a plus, while others mark it as a drawback of Bitcoin. Its decentralized nature clashes with the current governance systems, which tend to lean towards centralization. A significant chunk of government transactions still prefer being under the reins of specific entities for particular agendas. Being overly transparent might not align with their interests, so the decentralization actually ruffles the feathers of governmental authority.

Yet, transparency is a hit with the general public. The government's performance could be directly monitored, and the populace gets a factual grip on what's truly unfolding.

Bitcoin ushers in this decentralized concept that's a fan favorite, yet a government foe. It's a duality with both positive and negative ripples. Acknowledging that governments are more inclined to green-light systems not straying too far from centralization.