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’s value stems from capped supply (21 million), decentralized ledger that removes central control, and growing demand as a digital store of value, medium of exchange and network-driven asset.
bitcoin’s value rests on limited supply, cryptographic security, growing network effects and practical uses-from payments to store of value. These four pillars underpin market trust and long-term utility.
bitcoin is called ‘digital gold’ because its 21 million cap and predictable issuance create scarcity akin to gold. Decentralization, divisibility and durability support its role as a digital store of value.