Part 7/12:
Mining not only validate transactions but also releases new BTC into circulation. Each generated block rewards miners with new BTC and transaction fees, paid in BTC that users tip to enhance their transaction speed. The competition to have transactions processed has led to significant fees, emphasizing the high value of BTC.
Bitcoin's value stems from its decentralized nature, securing its position as a currency that cannot be easily controlled by governments—a major factor in its appeal. As Bitcoin’s supply is predictable and gradually released, mining remains an essential mechanism for its economic model.