We will look at bitcoin as currency and bitcoin as a store of value based on the large number of people use bitcoin. But bitcoin nowadays is spreading in different countries in the world they are using cryptocurrency using payment through onlines. It seems possible that bitcoin could eventually increase in price by orders of magnitude, but it all depends on bitcoin's level of adoption.

Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesn't have any true value.

Of course, that's infuriating to hear, but for investors new to space, it's sometimes hard to craft a good answer.

So here's a little cheat sheet for any newbies out there who get this question or accusation:

1. Bitcoin is safe.  It cant be hacked because it's decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant is counterfeited.
7. Bitcoin isn't tied to other asset classes and is a hedge against other investments.

In short, Bitcoin solves massive problems with the financial and political world, and that is its value.

And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.




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It's valuable because of being a decentralized currency as many investors are willing to hold their coins for long-term investment. The Bitcoin value will increase with few circulation supplies. That makes the Bitcoin valuable.