the idea that BTC is better than $ or vice versa is ludicrous, i use it for said mentions above which is instantish transfers.
even if BTC was a possibility to replace money, which it wouldnt be, i dont want to get emotional about it but taxes pay for the people who save your lives be it firefighters or police or doctors or the guy who cleans the sewers, you see what happens when no one pays there taxes and tries to run a cash in hand society (Greece)
im getting off topic
in cash poor societies vs cash rich societies it levels out the field
if i click on a link and get X BTC and you click on a link and get X BTC thats where it gets interesting, if my wage and cost of living are good then my return is low if your wage and cost of living is low then your return is good (australia vs india for example)
Topic: Why Bitcoin is better then fiat - page 2. (Read 1244 times)
Sending and Receiving bitcoin is very fast and low expensive and it can be done anonymously without reveling the details. bitcoin is a online digital currency through which you can buy products online, do gambling and sportsbetting online.
Bitcoin is not anonymous at all, All Bitcoin transactions are stored publicly and permanently on the blockchain, which means anyone can see the balance and transactions of any Bitcoin address. So It can be traced by any way
https://bitcoin.org/en/protect-your-privacy
because you can be your own wallet
like what all said the main reason for creating the bitcoin was to cut the cost of transaction and it should be fast and with out any personal details to be given. it is very easy to send any one around the world and fast
Sending and Receiving bitcoin is very fast and low expensive and it can be done anonymously without reveling the details. bitcoin is a online digital currency through which you can buy products online, do gambling and sportsbetting online.
You can send Bitcoins to any spot in the world without a third-party. Try to send money to a caribean island for example. It would need days and you get certainly suspicious of doing tax fraud.
Their are so many reason in that first is it is decentralised digital currency, the transaction of trade is very less expensive, and to use the bitcoins you dont have to reveal the details about yourself,
you will find the best answers in this thread https://bitcointalksearch.org/topic/why-is-bitcoin-better-that-fiat-1208335
i am new to Bitcoin world. can anyone tell me that why Bitcoin is better then fiat
What is advantage of bitcoin
What is advantage of bitcoin
Try sending $1 of fiat to somebody across the globe.
You will get one of the reasons why bitcoin is better.
i am new to Bitcoin world. can anyone tell me that why Bitcoin is better then fiat
What is advantage of bitcoin
What is advantage of bitcoin
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