Many people do not understand the true value of Bitcoin, so let me explain.
The main value lies in the fact that Bitcoin is the only wealth that ordinary people can carry with them forever. This is the core value and also the key value of decentralization.
Your savings, cars, houses, and even cash have value only when recognized by the state or institutions. When war comes, hard currency means food, weapons, and gold.
Gold is too far removed from ordinary people, while Bitcoin cannot be taken away by anyone. You can store it in a cold wallet, thus removing it from all on-chain and secondary risks. As long as you do not give up your private keys, this money will still exist even if the world is destroyed.
Other cryptocurrencies, such as ETH, SOL, XRP, and BNB, have project teams behind them, and a large number of coins are concentrated in the hands of a few people who hold them at almost zero cost. In contrast, Satoshi Nakamoto, the creator of BTC, has already disappeared, and the lock-up of the genesis wallet is the best example of decentralization. Currently, Web3 applications seem very distant, and all applications appear to be bubbles. Therefore, BTC is the only valuable Web3 asset, and just as people assign value to gold and oil, BTC is priced in a similar way.