Cryptocurrency Q&A
Why is Bitcoin real money?
Why is Bitcoin real money?
Nicola
Thu Nov 28 2024
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6 answers
1252
I've been hearing a lot about Bitcoin recently and I'm trying to understand why it's considered real money. I know it's a digital currency, but what makes it have real value like the money we use every day?
6 answers
Elena
Sat Nov 30 2024
This digital asset's worth is not solely derived from its use in transactions but also from its attractiveness to investors.
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Tommaso
Sat Nov 30 2024
The demand for Bitcoin among investors plays a crucial role in maintaining its high exchange rate.
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EnchantedMoon
Sat Nov 30 2024
Investors are drawn to Bitcoin because of the potential for returns, which can be significant.
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Eleonora
Sat Nov 30 2024
As a result, the market for Bitcoin remains robust, with buyers and sellers actively participating.
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Nicola
Sat Nov 30 2024
Bitcoin possesses value due to its ability to be exchanged and utilized as an alternative to fiat currency.
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