Why does Bitcoin lack a physical form?
Bitcoin lacks a physical form because it is a purely digital currency, created and managed through a decentralized network called the blockchain. This digital nature allows for quick, global transactions without the need for physical exchange.
The blockchain records all Bitcoin transactions, ensuring security and transparency without the need for tangible representation. Additionally, the absence of a physical form helps prevent counterfeiting and simplifies the process of transferring value across borders. This digital existence is a core feature that distinguishes Bitcoin from traditional physical currencies.