BTC is the reserve currency of the $1700000000000+ crypto market, it has earned its place as a safe haven asset, the safe haven of the crypto market if nothing else. It is still volatile, but much less so than other crypto coins, but the point is that long term, people have faith that you can put a million dollars in BTC and come back in 5 years and it will be more than a million dollars in value when they return.

Hope that makes sense, thanks for your comment.

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