What Backs Bitcoin: Scarcity, Security, Network, Utility
Examines bitcoin’s backing: limited supply, robust cryptographic security, network effects and practical utility-how scarcity, protection, adoption and use create value.
What Backs Bitcoin: Scarcity & Security, Network & Utility
bitcoin’s value stems from built-in scarcity and cryptographic security, reinforced by a decentralized network and real-world utility, from payments to a store of value, creating trust without intermediaries.