Being able to have a limited supply like gold,

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zihadhosenjm40
Posts: 524
Joined: Sat Dec 21, 2024 3:31 am

Being able to have a limited supply like gold,

Post by zihadhosenjm40 »

Being able to have a limited supply like gold, but be digitally transferrable across oceans is why bitcoin has value.

Is bitcoin durable? Yes. It’s digital, so it will not degrade over time.

Is bitcoin portable? Yes. I can send bitcoin to anyone’s wallet in the world using the internet.

Is bitcoin verifiable? Yes. You can run your own node or use a reputable netherlands whatsapp number data in the network to instantly verify transactions.

Is bitcoin fungible? Yes. Every bitcoin (or satoshi) is equally tradeable with any other unit of equal amount.

Is bitcoin scarce? Yes. Digital scarcity was something that never existed before the invention of bitcoin! There will only ever be 21 million bitcoin.

Now we can save money again, thanks to bitcoin! This is why bitcoin is savings technology.

Don’t Get Rekt Trading Bitcoin

If you want to make money in bitcoin, many people have the preconception that you have to trade it. Buy low, sell high. Easy, right?

Well, it turns out trading bitcoin isn’t that easy.
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