Hello everyone! Today is the second article of the 100-day challenge. Let’s talk about why cryptocurrencies can sell for such high prices💰! Even though it is a virtual currency, there are actually many real reasons for its value. I will use some interesting metaphors to help you understand it better!
1. Scarcity: Limited Edition Treasures💎
Cryptocurrencies are like limited edition works of art. The number of currencies like Bitcoin is fixed at a limit (the total number of Bitcoins is only 21 million), so it is like a rare treasure. When demand is growing and supply is limited, this scarcity naturally increases its value