Topic: Why Bitcoin is Different From Other Currencies? - page 18. (Read 4610 times)
Obviously different between bitcoin with other coins. Because bitcoin is the benchmark of the cryptocurrency world. And bitcoin still occupy the first rank of all existing coins.
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.
Bitcoin is:
- can not be in fake.
- inter-world transactions are very fast.
- no controller or third party.
- the more depleted in the mine the more expensive its price.
I hope the article helps you all.
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.
Bitcoin has a big difference between other currency it is potentially the greatest social network of all
Bitcoin is the first time in the history. receive,send any amount of money bitcoin is about anonymous transaction
The ledger technology to streamline the world from bigbanks and stock exchange.
I think bit coin isn't same with the other currencies because of its value and change of formation. Other currencies can not be used in different term and condition. Before using you need to go throw the different countries policy but bit coin is a global absolute unit that can used by its changing value. That's why the market value of bit coin won't never be down and day by day thedemand of bit coin will increase.
Bitcoin is different from other currencies in terms of its availability. People were not much aware about the active use of bitcoin and the advantage of having digital availability. When years pass people will get adopted to the advancement. Major difference is the growth which is high compared to that of physical currency.
For me, the obvious difference of bitcoin compared to other fiat currency is that bitcoin is a decentralized form of virtual currency, no other party can interfere or control for it and it was called a virtual currency because its not a true currency its only an electronics form of monetary system that has a digital value that almost convertible to any true currency. I would say that Bitcoin is different from other currencies because of its ease of use and the fact that it was developed to eliminate double spending. In my honest opinion its far superior to Gold mainly because of its double spending protocol. Countries who own Gold mostly store their precious metal at the Federal Reserve Bank in the United States. The problem with this is the fact that these countries aren't in possession of physical Gold and the USA can deny them their Gold reserves at any moment. The system is flawed unlike Bitcoin.
With regards to Bitcoin being different to other altcoins. I would say its mainly because of its first mover advantage and the Bitcoin brand itself. Bitcoin is by far one of the most popular crypto currencies simply because of the free press it gets on a daily basis. If its wasn't for this news it would not have been so successful.
I would say that Bitcoin is different from other currencies because of its ease of use and the fact that it was developed to eliminate double spending. In my honest opinion its far superior to Gold mainly because of its double spending protocol. Countries who own Gold mostly store their precious metal at the Federal Reserve Bank in the United States. The problem with this is the fact that these countries aren't in possession of physical Gold and the USA can deny them their Gold reserves at any moment. The system is flawed unlike Bitcoin.
Bitcoin is the first cryptocurrency that introduced in this world, bitcoin became different from other cryptocurrencies in terms of popularity, stability and value. This currency can not be printed like any other currency. It cant be touch by our hands but can be hold with the help of our technology.
Currency from Bitcoin I think will make it easier in our life to perform any kind of payment transaction later, and also will be very safe for us to use wherever we are, which will make the number of criminal actions today will decrease and also lost from this world in the presence of this Bitcoin currency.
With this Bitcoin, I also see a very good development also for the future of all the people of this world, which will gain both success and enjoyment in their respective lives in their economic development, and all the peoples of this world will also increasingly work more independently in the future development of their future lives with this Bitcoin.
With this Bitcoin, I also see a very good development also for the future of all the people of this world, which will gain both success and enjoyment in their respective lives in their economic development, and all the peoples of this world will also increasingly work more independently in the future development of their future lives with this Bitcoin.
Looking with what currencies to compare ... With bitcoin cash it is quite similar, and in comparison with ripple - absolutely other technologies
And this gives him a unique advantage over other currencies. Bitcoin gives you the opportunity to earn, and this is its main feature and difference.
Bitcoin is different from other currencies in terms of its availability. People were not much aware about the active use of bitcoin and the advantage of having digital availability. When years pass people will get adopted to the advancement. Major difference is the growth which is high compared to that of physical currency.
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.
That is right. It is called also as digital asset and can be used as investment instrument by investors. Its price is volatile and no underline asset behind it to support its price. It is operated by decentralized blockchain system and there is no central bank as formal issuer, no regulator. Bitcoin can be controlled only by all users involved in it. Those are some differences with other currencies like US$, GBP, EUR or others fiat money that are issued by the central bank in related countries.
Because bitcoin is a digital currency, while conventional money is in physical form, Bitcoin is a complex product: The concept of cryptocurrencies is generally abstruse and abstract, and understanding how and why Bitcoin works requires a level of technological knowledge. Merchan Bitcoin recipients are still considered limited: Until now, although Bitcoin is growing, but acceptance of the digital currency is still limited. Less widely used in stores, and so forth. However, Bitcoin's journey will continue to grow as time goes by. Unlike the physical currency that has been accepted by everyone.
It cannot be controlled by governments and cannot be forged or copied simple as that.
because bitcoin is the first digital currency in the world and it makes bitcoin obviously very different from paper currency
Many countries are starting to adapt bitcoin and treats it as an important currency and investment. This is why bitcoin is different from other currencies.Many are treating as their digital gold so it's a complete investment and currency.Bitcoin is recognized before for being used to different transactions even illegal trades but today that point of view has been changed. Bitcoin price will increase and that's how we can get a bigger profit.
Bitcoin is different from other currencies because it is electronic and has a high level of security through modern blockchain technology. It is not managed by anyone so it is free to trade through the internet. This is very modern and suitable for the development of countries around the world today.
Bitcoin is more accessible, with more exchanges, more merchants, more software and more hardware that support it. 
Of course, because Bitcoin has a very good programming algorithm. For example, Bitcoin has the most superior level of security, we can make transactions to various countries with Blockchain system.
This is a great thing, although many Cryptocurrency is trying to make new coins with the same concept as Bitcoin Bitcoin still has the most superior security system and the best system works.
Therefore Bitcoin is different from Cryptocurrency.
This is a great thing, although many Cryptocurrency is trying to make new coins with the same concept as Bitcoin Bitcoin still has the most superior security system and the best system works.
Therefore Bitcoin is different from Cryptocurrency.
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