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Things You Didn't Know About Bitcoin

The cryptocurrency market is still relatively new and evolving, and with the recent rise in the popularity of bitcoin, it is fair to say that not many people are aware of everything they should know about digital currency. Whether your knowledge about bitcoin is limited to the headlines you see on the news, or if you have been an avid follower of it for years, here are a few things you probably did not know about bitcoin.

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What Makes Bitcoin Valuable?

Bitcoin is a decentralized digital currency that operates without a central authority. The digital currency is the first of its kind and has been around since 2008. But, it didn't really take off until 2017, when Bitcoin prices started going up.

So, what makes Bitcoin valuable? That answer is complicated as it depends on several different factors, such as Bitcoin's divisibility, transportability, utility and scarcity.

In this blog post, we'll focus on these factors and try to understand what gives a coin value in general and why people believe Bitcoin will con (...)