BITCOIN

Bitcoin. Following the economic downturn in 2009, Bitcoin was founded. Bitcoin was designed as an electronic peer-to-peer cash system, but it has also attracted crypto-curious investors as a store-of-value currency similar to gold. In 2008, an unidentified entity using the moniker Satoshi Nakamoto published a white paper describing the Bitcoin concept. Nobody knows the author's genuine identity, or even if it's a single individual or a group of people

Bitcoin's maximum supply is 21 million, and it will never be exceeded. When a cryptocurrency is first issued, its creator(s) can specify its parameters (how much there is, buying and selling rules, how new Bitcoins are introduced to the marketplace, and so on), which cannot be changed later. These regulations, which have been in place since the beginning, effectively turn Bitcoin into a truly scarce resource, with a limit on the total quantity that will ever be available. "No one can reverse it now that it's been released," Leech argues, "not a government, not Satoshi himself." "Bitcoins cannot be duplicated, nor can they be recreated." Because gold is continuously entering the market as new ores and pockets are discovered, the comparison to gold falls flat here.