Bitcoin serves as a decentralized store of wealth and digital currency.
Bitcoin serves as a decentralized store of wealth and digital currency. It is also seen as a long-term investment and a hedge against inflation. Bitcoin, a deflationary commodity with a limited supply of 21 million coins, has become increasingly popular among investors and has become the top-performing asset of the year and the last decade. Off the back of its success, we have seen increased adoption and increases in the time held by long-term holders, which shows that those who are investing have high conviction in its long-term success.