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Why Bitcoin became so popular?

prolific-writer · 4 months ago · 3 replies · 324

I think that Bitcoin became popular due to various reasons. Bitcoin is a decentralized asset. It allows people to transfer money in the form of Bitcoin to anyone in the world. It's rising prices also caught the attention of many people. It is adopted by many tech companies as well. So, what other factors make Bitcoin so popular?

3 replies
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iamawriter · 4 months ago

There were a couple of Sites that only paid in crypto. That made me create a BCH wallet and did well I cannot trace my wallet somehow and I will have to now create a new one

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Cherry123 no · 1 week ago

I believe that Bitcoin became popular because it is a decentralized cryptocurrency..even with a limited amount of money, it is very easy to send money around the world

fantanoice · 6 days ago

In developed nations it's because the people investing wanted a quick buck.

In developing nations, it's because it's more stable and profitable than their actual currencies.

And, you know, cyber crime does pay. 🤔

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