Why Bitcoin Has Value: Trust, Scarcity, and Utility
bitcoin’s value stems from collective trust in its network, programmed scarcity capped at 21 million coins, and practical utility as a borderless, censorship-resistant digital asset.
Capitalizations Index – B ∞/21M
bitcoin’s value stems from collective trust in its network, programmed scarcity capped at 21 million coins, and practical utility as a borderless, censorship-resistant digital asset.
bitcoin faces major risks beyond price swings: uncertain regulation, potential technical flaws or attacks, and fragile trust in exchanges, developers, and the broader ecosystem.
bitcoin’s value stems from trust in its protocol, scarcity via a 21M cap, decentralized consensus removing central control, and growing utility as a digital store of value and medium of exchange.
bitcoin’s value stems from trust in cryptographic consensus, enforced scarcity with a 21-million cap, and decentralized governance that resists censorship and centralized control, enabling global digital money.