What Really Backs Bitcoin’s Value? Core Drivers Explained
bitcoin isn’t backed by cash flows or governments, yet it holds value. This article explains the real drivers: scarcity, security, network effects, and market demand that sustain its price.
Capitalizations Index – B ∞/21M
bitcoin isn’t backed by cash flows or governments, yet it holds value. This article explains the real drivers: scarcity, security, network effects, and market demand that sustain its price.
bitcoin wallets don’t actually store coins; they store private keys. These keys prove ownership of blockchain addresses and authorize transactions, making secure key management essential.
Understanding bitcoin’s market capitalization reveals its overall network value. It’s calculated by multiplying the current price per coin by the total number of coins in circulation.