
Bitcoin's true believers hold on through the wild price swings because they see enormous value in its properties as a currency with a fixed number of units that can't be inflated by a central bank and its "uncensorability," meaning no government or corporation can prevent one party from sending value to another no matter the reason.
"We support [bitcoin] because we've seen a need from dissidents under authoritarian regimes for it," says Alex Gladstein, the chief strategy officer at the Human Rights Foundation and author of Check Your Financial Privilege: Inside the Global Bitcoin Revolution.