Does bitcoin have any real value

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The scoring formula for online developer known as Satoshi Nakamoto, more secure than doea electronic but here are a few pros and cons of Bitcoin.

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Cathie Wood Reveals Why She SOLD Off Her Entire Bitcoin Holdings - Bitcoin ETF (2024)
Bitcoin has value because people believe it has value and because of scarcity, but it's scarcity is limited. There will only ever be 21M. Bitcoin BTC % 's value is fundamentally rooted in its unique attributes, facilitated by the underlying blockchain's technology. It has no intrinsic value and is not backed by anything. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity�Bitcoin's computer.

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Does it have utility as a way to store value? Investors need an accurate way to track and monitor coin values. Investors also influence prices when they become overly excited over an asset, causing it to be overvalued. You can see the benefits of representative paper money over coinage: Extremely large sums can be exchanged without the burden of lugging sacks of gold or silver coins around.