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Why Bitcoin is Fixed (Why Bitcoin Has Value)

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Why Bitcoin is Fixed (Why Bitcoin Has Value)

Why is Bitcoin fixed? Why is Bitcoin fixed? It can provide people with a stable way to trade and store value without worrying about price fluctuations

Since the price of BTC is linked to the list price, to some extent, this means that investors can buy more Cryptocurrency at a relatively low price and maintain some confidence in its value. Therefore, when you consider whether Bitcoin will replace French currency, you must have a reasonable price range: if a Bitcoin is considered to be cheaper or more reliable than Fiat money, its price may change (such as US dollars), and it will also increase over time; The reverse is also true – as an asset becomes increasingly popular, this situation will change. Why Bitcoin Has Value

Bitcoin has increased by nearly 400% in the past 12 months, and its price has also reached a new historical high.

. According to Cointelgraph, this growth is driven by retail investors. With Bitcoin recently breaking the $10000 mark and reaching over $34000, many people are turning their attention to Bitcoin However, unlike stocks, Bitcoin has high investment returns, programmability, and decentralization characteristics. It also allows people to invest in other assets such as gold and real estate through Cryptocurrency However, if we link the traditional financial system to emerging markets and view Bitcoin, then Bitcoin is one of them – it is the only company in the world that can be considered digital gold Therefore, why is BTC so valuable? This mainly depends on its usage. In the long run, this viewpoint may apply to all economic issues that will arise in the next decade, and these changes will take time to adapt in order to achieve this. I think when you consider the era we are in and the new technologies they bring, you will find it exciting. “What is blockchain network? Blockchain is a technology used to store data or validate transactions, eliminating the need for any form of data. Blockchain is a peer-to-peer system designed to provide a secure and transparent network environment to address all of these issues In addition, due to the unique nature of blockchain technology, the “immutable record” protocol ensures that every transaction is permanent and nothing is lost Therefore, although on chain transactions are usually carried out in a zero cost manner, each block can become “irreversible”. In order to make the transaction process more efficient, users can create their own nodes without sacrificing security, and can complete the work without trusting multiple third parties This is why we are now seeing more and more developers starting to study blockchain technology, as they are within the time required to build infrastructure Bitcoin is currently testing a new consensus mechanism – Proof of Rights (PoS). As part of this system, miners can mortgage their tokens and distribute this reward to the entities they support Although most people are familiar with the working principles of Bitcoin, they still cannot understand it in certain aspects. In fact, no one can control the security of the Bitcoin network. Therefore, to some extent, the Bitcoin network itself is a security platform On the other hand, some companies are attempting to leverage their high liquidity encryption advantages to reduce risk. According to reports, in July 2017, Microstrategy purchased over $250 million in Bitcoin and increased its holdings to over $1 billion Although the total market value of these companies has skyrocketed to a historical peak of $2 trillion,

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