Why is the virtual currency Bitcoin valuable?
Why is the virtual currency Bitcoin valuable? According to Coindesk, why is the
Why is the virtual currency Bitcoin valuable? According to Coindesk, why is the virtual currency Bitcoin valuable? According to data from Bitinfocharts, currently, there are about 200,000 BTC locked in DeFi platforms. Technically, it is a network of peer-to-peer electronic cash systems (such as decentralized exchanges on the Ethereum network) that achieve anonymity, security, and privacy in digital transactions through the use of smart contracts.
However, due to the limitations and immutability of blockchain technology, it is difficult to exchange encrypted assets with other assets as easily as traditional payment methods. This often happens in areas such as China and South Korea. So what are the reasons why Bitcoin is worth investing in?
1. Bitcoin is a product of the Internet age;
2. Bitcoin has a high level of transparency and anti-counterfeiting characteristics;
3. Bitcoin’s price fluctuates greatly.
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