What is Bitcoin used for now? The technology is outdated, so why is the price so high? I see many people discussing this issue and arguing with each other... Trading Insight offers some opinions.



1. Bitcoin, at present, is considered a digital asset, valued and supported by many... backing from countries, businesses, presidents, entrepreneurs, billionaires. And it is also confirmed as an open fund (BTC ETF) as well.

2. Bitcoin is an asset, precisely an asset. It is clearly listed. And this type of asset has very good growth potential, bringing huge profits. Especially it is not controlled by any country or bank.

3. Bitcoin is timeless, in reality, the technology coins that come after it may have been around for decades, but their practical application is not worth much. What investors are looking for in that market is the level of safety and sustainable profits. If that criterion is guaranteed, then Bitcoin is the top cryptocurrency and the largest one that can be ensured. The backbone of Crypto....

People say this and that about BTC, but in reality, BTC is the new face of the crypto market today. It paves the way for this new, risky, and potential investment field. For D, the only concept of Bitcoin is an asset, a safe asset, and a high-profit asset. But sometimes, he also jokes around a bit :)))

Because Bitcoin is now considered "only the rich can afford to buy 1 Bitcoin," it is also true, not wrong.

So what is Bitcoin according to you guys, how do you understand it 😁
BTC-0.37%
G-0.47%
SAO5.52%
AE2.54%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)