WHY BITCOIN IS SO EXPENSIVE ?

Why Bitcoin is So Expensive?

Here’s Why

Bitcoin, the most secure cryptocurrency has killed each and every speculation as it reached a new high. But, what does it value? Growing demand: Institutional investment, global adoption.

Security and decentralization

1. Immutable ledger : Blockchain technology ensures secure transactions.
2. Decentralized governance : No single organization controls Bitcoin.

Scarcity and Store of Value

1. Digital Gold : The scarcity of Bitcoin quantifies values similar to gold.

2. Inflation Proof : The limited supply of Bitcoin makes it resistant to inflation.

Regulatory Environment

1. Legitimization : Bitcoin will be sanctioned by governments.

2. Regulatory Clarity : The more repressed the regulation, the higher the investors' confidence in a particular asset class.

Market Sentiment

1. Speculation : Investment in Bitcoins is purely on high future price prediction.

2. FOMO (Fear of Missing Out) : An increase in mass hysteria leads to increased prices.