Bitcoin is valuable because it is scarce and there are only 21 million bitcoins in the world and it will not be produced after that.
The second reason is transparency. It just means you can know where your bitcoin comes from and where it is going.
The main code and information are stored on different servers making it decentralized.
There are no border restrictions and you can easily transfer money around the world in a very, very short time for very low price. It is not controlled by any bank or company.
It is convertible and can be easily cashed and converted into many currencies of different countries.
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