Why do people trust Bitcoin?

[MaMooN]

A lot of confidence in bitcoin comes from the fact that it does not require any confidence at all! The open source bitcoin is completely decentralized. Which means that anyone has access to the full source code source at any time. so, any developer in the world can be sure exactly how the action works. Anyone can view all transactions in a transparent and instantaneous manner. All payments can be made without relying on a third party. The whole system is protected by an encrypted algorithm, just like those used in online banking systems. Bitcoin, and the network will remain secure even if all users cannot trust it.

[husanchaika]

Currently, I hold 90% of capital in BTC.
It is firstly because of that BTC has shown that it's strong coin.
It probably does not have CEO or someone like that that may fool others, like most ICOs do nowadays.
It is the proven project.

[gotbounty]

Bitcoin is certainly a king in Cryptocurrency. Bitacoin is now growing and growing every year. The possibility is true as stated, that what attracts more crypto users to jump into Bitcoin is that all payments can be made without relying on third parties. The entire system is protected by an encrypted algorithm, as used in the online banking system. Bitcoin, and the network will remain safe even if all users cannot believe it.

[boyplastic69]

I think BTC had been in the crypto market for almost 9 years and within that period by checking it's price chart history, btc had further improved. The last year's highest achievement of btc had gained attention from the people where it almost reached the $20K level. Therefore, I would say many people had trusted bitcoin because the people who had invested and made a great profit from btc can testify that it's worth for investing.

[Anggit]

Bitcoin is as king of crypto and very popular, many investors choose bitcoin to invest, the price of each year soars so high, that's one reason to trust bitcoin.

[Speaker]

Blockchain is a very secure technology.For all the time there was no hacking of the blockchain.Bitcoin lacks anonymity, otherwise this is a very good means of saving.

[EliteSquad]

because bitcoin has proven that it helps many people, bitcoin is able to change them and provide alternatives to finding new income, so they believe in bitcoin.

[ComeBack]

I agree, For me bitcoin is one of the most secured asset in the world. We don't need to trust only because of it's security but I trusted it because I know bitcoin will going to dominate the world someday what we only need to do now is grab an opportunity to have and become part of it.

[Purwodadi]

many people and myself also trust bitcoin because of the work system and also the blockchain technology that is used which can be accessed in a decentralized manner.

[Doctor]

A lot of confidence in bitcoin comes from the fact that it does not require any confidence at all! The open source bitcoin is completely decentralized. Which means that anyone has access to the full source code source at any time. so, any developer in the world can be sure exactly how the action works. Anyone can view all transactions in a transparent and instantaneous manner. All payments can be made without relying on a third party. The whole system is protected by an encrypted algorithm, just like those used in online banking systems. Bitcoin, and the network will remain secure even if all users cannot trust it.

Because many advantages of bitcoin. Bitcoin is good for investment and the best payment system.

[Mehira01]

Bitcoin is the first crypto and dubbed as the king of crypto, I trust bitcoin because bitcoin has many advantages and the price is very high and very popular.

[Stgeorge]

In the world of crypto currency bitcoin has come out as the clear winner in terms of value trust and reliability.Bitcoin is a digital currency that uses Blockchain technology that is now use to invest and transportation.In the short term you will get more profit.And the value of bitcoin is increasing every year.so people believe bitcoin.

[owmivmen]

Yes, that is the advantage of bitcoin that is available to everyone. Everyone is interested and believes in bitcoin because bitcoin is the first decentralized currency and can be used to invest.

[UNIVERSE]

Because bitcoin is a very promising trade. The price is always rising and increasing every year compared to when bitcoin was born for the first time. And has changed the lives of many people to live better.

[The Translator]

Because Bitcoin is the best coin that Cryptocurrency has in the past 5 years. Bitcoin itself is truly Decentralized and there is no monopoly in it. The price of Bitcoin itself is actually determined by the users who sell and who buy. There are many advantages that I cannot explain from Bitcoin at this time.