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genesis block

A bitcoin believer’s crisis of faith is usually not simple bearishness. It is a deeper doubt about value, time horizon, and risk tolerance.

Yes, Bitcoin is still being mined. New blocks continue to be produced, but joining mining today means dealing with hardware, power costs, and risk.

What is bitcoin based on? It rests on cryptography, a distributed network, a public ledger, consensus rules, and built-in scarcity.

Bitcoin’s value is based on scarcity, market consensus, transferability, and network security, not on a single issuer or a simple story.

Banks usually do not sell bitcoin directly. The key is to separate banking rails from trading, custody, and transfer rights before you send money.

Why is bitcoin bad to some users? The main issues are volatility, self-custody risk, usability friction, and uneven regulation.

Why is bitcoin a bad investment for some people? The answer depends on volatility, valuation limits, custody risk, and personal fit.

Bitcoin is not backed by gold or a government. Its foundation comes from scarcity, network consensus, security, and market demand.