What is Bitcoin useful for now? The technology is outdated, so why is the price so high? I see many people discussing this issue and arguing... Let's share some opinions with Trading Insight.
1. Currently, Bitcoin is seen as a type of digital asset, valued and supported by many... backed by countries, businesses, presidents, entrepreneurs, and billionaires. And it is also confirmed as an open fund (BTC ETF).
2. Bitcoin is an asset, precisely an asset. It is clearly listed. And this type of asset has very good growth, bringing huge profits. Especially, it is not controlled by any country or bank.
3. Bitcoin is not outdated; in fact, many technological coins after it have been around for decades but have little practical application. And what investors seek in that market is safety and sustainable profits. If those criteria are met, Bitcoin is the leading cryptocurrency and also the largest currency that can provide assurance. The backbone of Crypto...
People talk about BTC this and that, but in reality, without BTC, there would be no Crypto market today. It has paved the way for this new, risky, and potential investment field. For me, the only concept I have regarding Bitcoin is Asset, a safe asset, and a high-profit asset. But sometimes it can also be quite chaotic :)))
Because Bitcoin is currently likened to "only the rich can afford to buy 1 Bitcoin," which is true.
So according to you, what is Bitcoin, and how do you perceive it? 😁