#BTC Bitcoin (Bitcoin, BTC) is not backed by physical assets such as gold or fiat currencies (dollars, euros, etc.). Its value is based on several key factors:

1. Decentralization and limited supply

The maximum number of bitcoins is capped at 21 million (this is built into the algorithm).

New BTC is created through mining, but the issuance gradually decreases (halvings every 4 years).

2. Trust and demand

The value of BTC is determined by market demand: the more people and institutions believe in it, the higher the price.

Major companies (Tesla, MicroStrategy) and investment funds (e.g., ETF from BlackRock) invest in bitcoin, which strengthens its status.

3. Blockchain technology:

Bitcoin operates on a secure blockchain network that provides:

Transparency (all transactions are visible in a public ledger).

Immutability (faking transaction history is virtually impossible).

Decentralization (there is no single controlling authority). #Bitc

4. Comparison with traditional currencies

Fiat money (dollars, euros) is backed by trust in governments and central banks, but can depreciate due to inflation.

Bitcoin is often referred to as "digital gold."