Because Bitcoin has the characteristics of decentralization, strong acceptance, tax exemption, limited quantity, global circulation, fluctuations, scalability, innovation, security, and global supervision.
Decentralization: The benefit is that no institution can control the issuance of currency, that is, it does not exist in the banking system.
Strong Acceptability: Many countries have declared legal status for Bitcoin.
Tax exemption: Due to the complete decentralization of Bitcoin, taxes will also cease to exist.
Limited quantity: The total amount is constant and scarce, and it is easy to increase if the mining amount is halved.
Global circulation: Bitcoin does not need to rely on a series of value agreements endorsed by government departments, the same planet, the same currency.
Highs and lows: Bitcoin has a high increase and you can earn some money.
Scalability: Bitcoin relies entirely on the P2P network, has no issuing center, and cannot be shut down by the outside world.
Originality: Bitcoin has extremely high innovative value compared to legal currency.
Security: Bitcoin protects users’ asset interests in an identifiable and secure manner and provides transparent rules and enforcement mechanisms so that all participants are treated fairly and equally.
Worldwide Regulation: Bitcoin can be said to be subject to global attention and regulation.
Bitcoin is a P2P digital currency. Its transaction records are open and transparent, and its peer-to-peer transmission means a decentralized payment system. Unlike most currencies, Bitcoin does not rely on a specific monetary institution, but is generated through a large amount of calculation based on a specific algorithm.