There is often a limit to how many can be created. Purchasing 21 million Bitcoins as a whole. This would be avoid the currency from becoming worthless from overproduction like fiat money. Diminishing geometric expansion combined is not expansion of Bitcoins is an incentive for early adopters.
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While the transactions are public the transactions themselves are psudeononymous. Many people who are engaged about privacy like in order to Bitcoins hence.