Brian Armstrong, CEO of Coinbase, says Bitcoin can act as a store of wealth because its supply is limited to 21 million $BTC.
No central authority can simply create more Bitcoin to increase the supply, giving it a built-in scarcity that traditional currencies do not have.
Bitcoin can still be volatile, but its fixed supply remains one of its strongest long-term value points.
As more institutions adopt Bitcoin, its limited supply continues to support the idea of using BTC as a way to preserve wealth over time.
#Bitcoin Price Prediction: What is Bitcoins next move?#
No central authority can simply create more Bitcoin to increase the supply, giving it a built-in scarcity that traditional currencies do not have.
Bitcoin can still be volatile, but its fixed supply remains one of its strongest long-term value points.
As more institutions adopt Bitcoin, its limited supply continues to support the idea of using BTC as a way to preserve wealth over time.
#Bitcoin Price Prediction: What is Bitcoins next move?#