$BTC What is true value???

The True Value of Bitcoin

1. Nations undergo periodic declines, meaning that fiat currencies issued by countries periodically become worthless. Large countries like China and the United States may last longer, but many small countries in the world could go bankrupt and collapse at any time.

So, how can we create a man-made currency that surpasses national sovereignty and periodic cycles, and will never become worthless?

This is the first value that Bitcoin addresses.

2. Fiat currencies are subject to ongoing inflation; the ruling class cannot control their desire to print more money. Whenever there is an economic problem, their solution is to print more currency.

Therefore, the fate of fiat money is continual devaluation, and then one day, it suddenly becomes worthless.

Bitcoin is constrained by code in its issuance mechanism, fixing the total supply at 21 million, thus solving the problem of excessive fiat issuance.

3. All private property can be seized by those in power. You don’t truly have ownership of your property—only the right to use it.

In ancient times, there was confiscation of property; whenever there was a regime change, land would be redistributed.

Nowadays, with various government authorities, as soon as you are in trouble, all assets under your name can be frozen.

So, the third problem that Bitcoin solves is creating an asset that is not subject to any authority, and is entirely and uniquely yours.

From this perspective, whether you are capitalist or socialist, regardless of your ideology, you need Bitcoin.

Even a powerful country like the United States cannot take your Bitcoin away.

You can even take your Bitcoin to the grave with you.

4. How can value be transmitted at high speed?

It is extremely difficult to quickly liquidate a house, company, or other large asset.

If you want to cash out such assets, or even transfer them across borders, it’s even harder. Just think about trying to withdraw tens of thousands of dollars from a bank—they’ll ask you all sorts of questions, let alone trying to move funds worth hundreds of millions across borders.

However, Bitcoin transfers take only half an hour and can seamlessly transmit any amount of funds to every corner of the world.