Bitcoin is popular for its potential as both a currency and a store of value. It allows for fast, low-cost transactions across borders and is seen as a hedge against inflation by some investors. Many consider Bitcoin to be "digital gold" because of its limited supply—only 21 million bitcoins will ever exist, making it a scarce asset.
Bitcoin is popular for its potential as both a currency and a store of value. It allows for fast, low-cost transactions across borders and is seen as a hedge against inflation by some investors. Many consider Bitcoin to be "digital gold" because of its limited supply—only 21 million bitcoins will ever exist, making it a scarce asset.