Why is Bitcoin valuable?

Bitcoin has value because it is useful as a form of money. Bitcoin has the mathematical properties of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) rather than relying on physical properties (like gold and silver) or trust in a central authority (like fiat currencies). In short, Bitcoin is backed by mathematics. With these properties, all that is needed for a form of money to have value is trust and usage. For Bitcoin, this is reflected in its growing base of users, merchants, and startups. Like all currencies, Bitcoin's value comes directly from the people who are willing to accept it as a form of payment, and that's the only source of it.

What determines the price of Bitcoin?

The price of Bitcoin is determined by supply and demand. When demand for Bitcoin increases, the price of Bitcoin rises; when demand decreases, the price falls. There are only a few Bitcoins in circulation, and new Bitcoins are issued at a predictable, gradually decreasing rate, which means that demand must follow this inflation level to keep the price stable. Bitcoin is still a relatively small market compared to what it could become, and it doesn’t take a lot of money to make the market price go up or down, so the price of Bitcoin remains volatile.

Will Bitcoin become worthless?

Yes. History has seen many unsuccessful currencies that have fallen from use, such as the German Mark during the Weimar Republic and the more recent Zimbabwean dollar. While previous currency failures were often due to hyperinflation, which is impossible with Bitcoin, there are always potential technological failures, competing currencies, and political issues. The basic rule of thumb is that no currency can be considered absolutely safe from failure or difficult times. Bitcoin has proven to be reliable in the years since its inception, and there is great potential for Bitcoin to continue to grow. However, no one can predict what the future holds for Bitcoin.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.