Why is Bitcoin most valuable?

The main source of value for Bitcoin is its scarcity . The argument for Bitcoin’s value is similar to that of gold—a commodity that shares characteristics with the cryptocurrency. The cryptocurrency is limited to a quantity of 21 million. Bitcoin’s value is a function of this scarcity.

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Is Cardano more secure than Bitcoin?

Known as Ouroboros, Cardano’s PoS system is more scalable and energy-efficient than Bitcoin’s proof-of-work (PoW) and claims to be the first provably secure system of its kind . In PoS networks, users don’t have to mine tokens; instead, they participate in the block-validation process by staking the native token.

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Is it worth buying Cardano?

Decide whether to invest in Cardano A general guideline for investors is to hold off until they’ve made more pressing financial moves, such as shoring up retirement and paying off short-term debt. If you are in a position to purchase Cardano, it’s also worth thinking about its prospects for long-term growth .22 Ara 2021

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