Bitcoin was the first digital asset to gain worldwide acceptance and have the largest number of users, giving it a "first to market advantage" over other digital assets. Bitcoin is currently the digital asset with the highest market value. and has the most total mining power ⛏️

However, despite this “first to market” advantage, there are still thousands of alternative digital assets available. In addition, many business groups and financial institutions are researching and investing resources in private or peer-to-peer smart contract platforms. Restrict access Instead, it is an open platform like the Bitcoin network.

Competition from the emergence or growth of alternative digital assets and smart contract platforms such as Ethereum, Solana, Avalanche, Polkadot or Cardano could adversely affect the demand and price of Bitcoin and affect the value of related investments. Bitcoin

Moreover, In the past, flaws in the source code of digital assets have been exposed and exploited. Including bugs that prevent users from using certain functions. Reveal user personal information and/or result in the theft of users' digital assets.

Bitcoin's underlying cryptographic system may prove to be flawed or inefficient. or mathematical and/or technological developments Including advances in digital processing. algebraic geometry and quantum computing This may result in the encryption system being ineffective. In these situations Malicious actors may be able to breach the security of the Bitcoin network or steal the holder's Bitcoin.

Moreover, The functionality of the Bitcoin network may be adversely affected. until it doesn't attract users As a result, the demand for Bitcoin decreased.

Bitcoin ETPs The Fund may purchase shares of publicly traded products ("ETPs") that purport to mirror the aggregate performance of the Bitcoin price by holding Bitcoin directly ("Bitcoin ETPs"), including shares of the resulting Bitcoin ETPs. Backed by an affiliate of BlackRock, the fund invests only in Bitcoin ETPs that are listed and traded on national stock exchanges 🇺🇸

summarize:


  • Bitcoin is at risk from competition.


  • Bitcoin is at risk from security vulnerabilities.


  • Bitcoin ETPs are subject to stock market risk.

#uhuhabit#Siamstr#UHUCrypto#Write2Earn#UHUHabit