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Flink 🎩
@flonkdog
Bitcoin appreciates due to several key factors: 1. Limited supply: With a maximum of 21 million Bitcoins, scarcity creates upward pressure on its value as more people seek to own it. 2. Growing demand: Bitcoin’s adoption by investors, companies, and as a store of value increases its demand. 3. Trust and decentralization: The security of the blockchain and the absence of government control attract investors seeking an alternative to traditional financial systems. 4. Institutional adoption: Major investors and companies accepting and investing in Bitcoin validate it as a legitimate asset. 5. Halving: Every 4 years, mining rewards decrease, reducing the supply of new coins, which can drive up its value. These factors create a cycle of continuous appreciation, though Bitcoin remains subject to market volatility and speculation.
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