Quote from: AprilioMP on Today at 08:49:53 AM

Quote from: oguprice on April 15, 2024, 11:04:25 PM

The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.

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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

21 million total Bitcoin means limited. The value of Bitcoin is not the same as gold because the total amount of gold is infinite from time to time.
Bitcoin is known as digital gold because it has value, but the scarcity of Bitcoin is not the same as gold. If the 21 million Bitcoins run out, Bitcoins cannot be printed like paper money so Bitcoins are more valuable. Gold will not run out because gold comes from nature (earth).

People's interest in investing in Bitcoin is because Bitcoin is a smart investment asset that is not complicated. Bitcoin is used as an investment asset because it hedges its value in the long term. Apart from value, Bitcoin can be used as payment globally.
It is on this basis that Bitcoin has always been above for a long period of time.

Well, that is another comparison of Bitcoin vs Gold but nothing we can do with this stuff because the value of Bitcoin is fast growing compared to Gold which makes people think that investing in BTC is more profitable. This makes Bitcoin famous to those who know it. It could be the greatest stuff at this time but not know in the coming years if there will be another great invention. In fact, some countries are also developing their own digital currency, which can possibly impact the future of Bitcoin as well.

But yes, as long as demand keeps on rising, the more it gains attention of the community bringing up their interest.