Coinbase's boss, Brian Armstrong, said something surprising about Bitcoin! He compared it to a 'meme coin,' like Dogecoin or Shiba Inu. This means its value is based on what people think, not on something real like gold.
- Bitcoin's value comes from people believing in it.
- Meme coins are popular, but might not have real value.
- Even the US dollar's value is based on trust.
- Bitcoin is still very important and used by big companies.
| Fact | Number |
|---|---|
| Dogecoin's price increase in 2021 | 15,000%+ |
| Shiba Inu's highest market value | ~$40 billion |
| Bitcoin's total supply | 21 million |
