Bitcoin and Economy (2)

In the second part of the article "Bitcoin and Economy", answer the rest of the questions in the first part of the article. Questions such as the following questions will be answered:

Doesn't Bitcoin unfairly benefit early adopters?

Won't the finite amount of bitcoins be a limitation?

Won't Bitcoin fall in a deflationary spiral?

Isn't speculation and volatility a problem for Bitcoin?

What if someone bought up all the existing bitcoins?

What if someone creates a better digital currency?

Bitcoin and Economy (1)

In the fourth part of the series of Bitcoin articles, we will look at Bitcoin and the Economy, and we will examine the relationship between these two. Bitcoin has entered the market as a fresh currency and new money, and its fate is tied to the economy. To do this, we need to know what bitcoin plays in the world today and what is Bitcoin's features in the economy. The following questions have been answered in this article:

How are bitcoins created?

Why do bitcoins have value?

What determines bitcoin’s price?

Can bitcoins become worthless?

Is Bitcoin a bubble?

Is Bitcoin a Ponzi scheme?

Doesn't Bitcoin unfairly benefit early adopters?

Won't the finite amount of bitcoins be a limitation?

Won't Bitcoin fall in a deflationary spiral?

Isn't speculation and volatility a problem for Bitcoin?

What if someone bought up all the existing bitcoins?

What if someone creates a better digital currency?