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This increase in interest is fueled by Bitcoin’s characteristics—its limited supply and the rising demand—pointing towards an intrinsic value appreciation, especially when compared to traditional currencies. Notably, recent statistics highlight the disparity in investment appreciation between real estate and Bitcoin, leading many to contemplate which is the superior asset over the last five years.
The Role of Institutional Voices
As the conversation around Bitcoin intensifies, prominent figures in finance are stepping up to advocate for it. The former chair of the Commodity Futures Trading Commission (CFTC) advises Wall Street on Bitcoin's potential value, explaining that the dollar is losing worth with every dollar printed, whereas Bitcoin is purposely designed to be scarce.