Because bitcoin only produces 21 million coins. Bitcoin is made limited to keep the bitcoin maintained even though there will be plenty of new altcoin.
Bitcoin is the parent of all coins, if the bitcoin value drops then automatically the other altcoin value will decrease. This is what makes people interested in buying bitcoin even though bitcoin is outdated.
Topic: Why Bitcoin is Different From Other Currencies? - page 10. (Read 4613 times)
Bitcoins can not be printed, inflation-free, and not controlled by the government as a regular currency
Bitcoin is the crypto pioneer,it was there before all these coins came to be. market cap indicates that a number of people have adopted it and its value the highest in the market, Its usability in the market is also high.Bitcoin opened the eyes of the world to cryptocurrency
Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
of course bitcoin is a revolutionary currency other than can be used for the means of payment can also be used for long-term investment or short-term. bitcoin can be used to earn a living by doing daily trading. bitcoin also can not be faked like fiat money. bitcoin is extraordinary money and I love it very much.
because of the bitcoin it had currency rates comparison with rivals so that bitcoin is different from the other.
Perhaps what makes bitcoin different from other currencies is that bitcoin is anonymous and bitcoin can be an asset for long-term investing. Bitcoin itself is very unstable and easily up and down. Bitcoin is not linked to the bank and there is no tax for it.
Because bitcoin is the first crypto currency and the increasingly high price, that's why bitcoin is different from the others. In bitcoin also more and more investors who want to invest in bitcoin for a big profit.
First, bitcoin is a digitalized currency. It has an ease of access to people, and working to gain some of it is really quick and easy, but there are some issue about scam that exists in bitcoin. But in other currencies, people are working to gain money. It is tangible, yes, but there are some people that are evil enough to steal other people's money. Although it's good that you have a tangible money, it is much better to also have a digitalized money that could give you a lot of opportunity in gaining money.
Here is the main reason why Bitcoin is different from other cryptocurrencies, "The main advantages of Bitcoin are network effect and proven security. Both are nearly insurmountable advantages." (credits: Jimmy Song)
Bitcoin price is very high than any other currency and its transation are very fast as well you can also learn a lot of things. And bitcoin is very special because bitcoin was started also at a low price but due to supports of many investors they survive until they reach their position now.
The biggest distinction Bitcoin has from other currencies, is that it is decentralized. This means that no specific company or bank owns it. Also it held electronically and nobody has control over it
Everyone loves bitcoin, although there is little that they understand in this. Everybody wants it, he is king among other cryptocurrencies.
Bitcoin transactions are registered in the Bitcoin blockchain. This acts as a ledger, whereas cash transactions may or may not be recorded.
why the world's currency is not the same as bitcoin, because the security is so good that the state government can not stop bitcoin, and also the number of coins from bitcoin can not grow again, though bitcoin can turn its users from poverty into millionaires.
# This is a fact
# This is a fact
Bitcoin is one of the most brilliant inventions of the 21st century, and most importantly, this invention has found a lively response from people, it is actively used, and this is only the beginning.
Bitcoin is different from other currencies because bitcoin its a first cryptocurrency which is also called dadday of the crypto-world. It is very secure or unique and no one can control it and manipulate it.
well i think very different since bitcoin digital currencies make use of systems that are capable of running without having to rely on centralized servers. And the transaction server is verified automatically. Meanwhile, bitcoin circulating around the world is recorded by the blockchain algorithm so that each user can monitor the total supply of bitcoin in circulation and between other existing currency is bitcoin is cryptocurrency and it will only earn when you have an internet. It is also digital money, you can not touch it or smell it like other coins in many countries. Bitcoin is also not controlled by the government and it can not dictated when will its price become high or dropping down
Bitcoin is a currency of a completely different format, a currency of a new generation. And so it has such a huge success, it is unique.
Bitcoin is the first cryptocurrency invented by Satoshi nakamot. It is peer to peer electronic cash system which differs it from other currencies.
Bitcoin is a digital currency transacted online whereas all other traditional currencies are in printed format and not online or virtual currency, bitcoin does not have physical existence unlike the fiat currency, bitcoin is a peer to peer network transaction and all transactions are recorded on the publicly distributed ledger. Bitcoins unlike fiat currencies cannot be duplicated and manipulated as the bitcoins transactions are recorded in the block chain ledger which is visible by all from any part of the world so the network is highly transparent. Bitcoins network helps to curtail corruption and helps in improving the economic standards of the country as the price of bitcoins is too high and keeps on increasing due to high demand for bitcoins.
Jump to: