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Bitcoin (BTC)
The reason why bitcoin has become such a valuable asset
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[QUOTE="Jasz, post: 241974, member: 61772"] Bitcoin has become a valuable asset because of the following reasons: 1. It is an inflation-proof asset. Because there is a limited amount of bitcoin (21 million), its value is not dictated by governments as fiat currency or precious metals are. This way it's value could not go down because of inflation and depreciation. 2. Bitcoin can be used worldwide without any need to convert into local currency. Due to the fact that there isn't any central authority, the transactions made with bitcoin are cost-effective and without any borders restrictions. 3. Bitcoin is a safe asset because it uses strong encryption technology that ensures that nobody can hack into your account and steal your money or use it in any way without your permission. It also provides an opportunity to store your funds safely on your own computer or mobile device, which makes you independent from banks and their fees as well as other problems they may cause. Bitcoin is the most valuable cryptocurrency on the market. One bitcoin is worth more than one ounce of gold, more than one ounce of silver, and more than one ounce of platinum. It's also worth a whole lot more than any other cryptocurrency on the market. [/QUOTE]
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The reason why bitcoin has become such a valuable asset
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