Why is Bitcoin considered a store of value?
Bitcoin is often described as "digital gold" due to its properties similar to gold as a store of value. One of the main reasons is that Bitcoin is limited in supply (only 21 million), which makes it resistant to inflation, unlike fiat currencies that are continually printed.
Additionally, Bitcoin is decentralized, not controlled by a central bank or government, which gives it strength and independence during economic crises.
Major investors have started using it as a means to protect their funds from the depreciation of traditional currencies, especially during times of financial crises.
Do you think Bitcoin is really the new digital gold? Share your opinion.
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