Why do people want Bitcoin?
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
Why people want bitcoin?? Because people know that they have benefited in bitcoin. Bitcoin is one type of vehicle that gets the most attention and deservedly so. They believed the cryptocurrency is a good investment. Aside from that, they believe bitcoin is a new model it represents can revolutionize how people share values and do business. And you can transfer money anytime, and anywhere.