I've been wondering about Bitcoin. People say it has no top, meaning its value seems to be limitless. I want to understand the reason behind this. Why is it that Bitcoin, unlike other currencies or investments, appears to have no ceiling when it comes to its potential value?
The rationale behind this notion is straightforward.
Was this helpful?
381
63
ChiaraTue Nov 26 2024
To further illustrate this point, consider the fixed nature of Bitcoin versus the debasement of fiat currencies over time. As governments print more money to stimulate the economy or address debt, the value of each individual unit of currency diminishes.
Was this helpful?
244
68
IlariaTue Nov 26 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of bitcoin investors. These include spot trading, futures trading, and a secure wallet for storing digital assets.
Was this helpful?
202
69
MicheleTue Nov 26 2024
Bitcoin's supply is capped at a finite number, ensuring scarcity and limiting the amount that can ever exist.
Was this helpful?
121
98
MicheleTue Nov 26 2024
In stark contrast, the supply of fiat currencies is theoretically unlimited. Governments and central banks can print more money at any time.