Like many other commodities, Bitcoin can be used as a store of value. Similar to gold, there is a limited amount of this asset, and its current demand determines its price.
But outside of it being considered an investment, it is a digital currency. Bitcoin is built on blockchain technology, meaning it is decentralized, immutable, and anonymous when used correctly. Because of its decentralized and permissionless nature, Bitcoin can function independently outside governments' control.
Global accessibility and open-source coding are not restrictive like some currencies and commodities. It can be traded freely within its peer-to-peer systems as Satoshi intended.
To break down a few of the most well-known benefits:
Bitcoin is not just a buzzword. It is the future of financial freedom, and it has inspired hundreds and thousands of people to embrace the benefits of cryptocurrencies. You can learn more about Bitcoin in our helpful guide.
