Today, BTC rushed to $59,000! This is the value of BTC?
BTC is an emerging field in general, and there are still many controversies regarding the issue of BTC. As the saying goes, "It is not clear that it is unreasonable." Some netizens put forward a point, if you just treat BTC as a speculative tool, then stop playing it. He believes that most people who speculate and comment on BTC have not seen the true value of BTC.
I think there are three biggest values of BTC.
The greatest value of BTC is that it can be traded anonymously. This is also one of BTC's most recognized advantages. As for the purpose, it is a bit indescribable. Of course, this is also a headache for officials. BTC, which lacks supervision, has almost become a paradise for criminals to launder money.
The second value of BTC is that it can be hyped. Some financial platforms provide BTC transaction services, and both the platform party and the people who speculate BTC can hype BTC on it.
The third value of BTC is that some special countries and regions do need third-party currencies like BTC. This is also the point that I think BTC should most exist, because the monetary system of some countries has basically been completely paralyzed. For example, in Zimbabwe back then, the domestic Zimbabwean currency was finally reduced to waste paper due to excessive devaluation. If there is a currency that can be substituted at this time, I think it should be very good news for the people of Zimbabwe. But this matter can be replaced by currencies such as RMB, U.S. dollar, and Euro, which can also achieve good results.
In addition, BTC has some other values, but they are all controversial and cannot really be considered as the value of BTC. For example, the total amount of BTC is only 21 million, which can be used as a hedging tool for the devaluation of the legal currency system, so it will never depreciate. BTC is a decentralized currency system, so it is not controlled by any country and is a paradise for borderless people. BTC is one of the representatives of blockchain technology, and it has non-tamperable characteristics and so on. To be honest, those who support these views are all because they have been peaceful for too long and have forgotten the importance of the country.