In October 2013, the only application scenario of Bitcoin, the dark web website called Silk Road, was forcibly closed by the US government. It is said that BTC has become a complete air currency and should return to zero. In fact, after a short-term decline, BTC rose from 85u to around 1175u in more than a month.
Let's analyze why this is the case? BTC's track is the world's sound currency, and BTC's application scenario is payment and settlement on the dark web. But the main value of BTC is its value storage. Even if its short-term payment and settlement scenario is turned off, it will not affect its value. Valuable things will sooner or later return to their place.
No matter what we invest in, we must think more about its essence? Where is its value?
What is the long-term value of Hacash?
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