Topic: Why Bitcoin is Different From Other Currencies? - page 22. (Read 4610 times)
Bitcoin is the first cryptocurrency and it is known as the father of all coins. Acquisition of other coins known as altcoins can be done with the use of Bitcoin in an exchange. This is a coin that is decentralised and no one has control over it. Digital in nature
of course the advantages can not be forged or duplicate like other currencies, by making different bitcoins from other currencies is high enough security, no one can manage including the government. And it can not be added anymore then the more people hunt for this currency bitcoin prices are increasingly very unreasonable.
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.
for me why bitcoin is different from other currencies is because bitcoin is the best among the rest and bitcoin have a uniqueness in other currencies and also one of the reason i think bitcoin is not controlled by any government.
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.
Cryptocurrency is a lot better than other currencies in the market right now in my opinion. It is because for me cryptos like bitcoin is more efficient to use than fiat. It doesn't have layers of methods to go in to complete the transaction especially in global market so it will be cheaper and faster. I hope that other people can also see that potential to change our economy.
Bitcoin is decentralized and it's the main difference between fiat and cryptocurrencies, also bitcoin owner free from banks, taxes and can use his money all over the world.
Why the bitcoin is different from other altcoins? Because bitcoin networks are decentralized, bitcoin networks are not controlled by certain projects devs.
In general bitcoin transactions are anonymous because bitcoins are not controlled by agencies or governments. Excess bitcoin as digital currency compared to other currencies, bitcoin can not be faked like other currencies and bitcoin transactions can not be changed, which means if the transaction has been done can not be canceled.
In general bitcoin transactions are anonymous because bitcoins are not controlled by agencies or governments. Excess bitcoin as digital currency compared to other currencies, bitcoin can not be faked like other currencies and bitcoin transactions can not be changed, which means if the transaction has been done can not be canceled.
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.
Let me clarify you one thing: Bitcoin is not a currency.
In order for something to be a currency, it must follow the requisites such as: the government should legally accept it in order for the currency to be utilized in the system of transactions around the country, its value must be backed-up by something (like gold, etc.), it must be regulated by a government department, it must be centralized and regulated for its value to be controlled (to lessen inflation), and it must be accepted and practiced world-wide.
Unfortunately, some countries prohibit the use of bitcoin since they view it as a foreign payment used under the dark web for illegal transactions. Though its use may be a currency as some products and services can be purchased by it, it still fails to be seen as a legal currency around the world.
Since then, Bitcoin is really different from other currencies. If you will have a comparisons about their value, you could see tgat bitcoin is the most valuable one, hence, it became the factor why Bitcoin is different from others.
Does anyone ever hear a currency have a mission to improve the economic circulatory system? Bitcoin has that mission. And I'm sure that's what makes bitcoin different from other currencies. Cost, intermediary, time. Those are some things that bitcoin would fix. And maybe there's more.
We all know that Bitcoin is digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. But the other currencies is so different because it isn't operated of a central bank. Bitcoin is easy to generate where the other cryptocurrencies are not.
The fundamental contrast is demonstrated wellbeing, which is relatively outlandish. Furthermore, bitcoin is the primary made digital money, it is the most well known and has more open doors in the market, more merchants, it is bolstered by a substantial number of programming. In bitcoin, the cash is contributed by a bigger number of individuals, including huge business visionaries, which fundamentally bolsters bitkin and its leverage over other digital forms of money.
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.
They are different from what currency? Is it cryptocurrency? Or fiat currency. Because if cryptocurrency them they are different because they are the first to be made and even if there are a lot of people are creating their own coins they cannot create the same as bitcoins does. And besides bitcoin creator is still unknown and so as the technology behind the bitcoins creation so there are a mystery effect that separates bitcoins from the others. And from real currency, as simply as bitcoins are volatile that makes them a great investment
I think all currencies are the same and legit no need to compare them if you dont like it you dont have to worry
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.
The belief that makes bitcoin different from other currencies, bitcoin is the first crypto currency and bitcoin has proved its strength and can survive to this day. People will always believe that bitcoin is the best coin among other crypto coins.
the main thing is that I see and I use IE in terms of security that is highly secure and not easily noticed by our own comrades when we don't know him. then that makes the bitcoin is different from other currencies is not easy anyone can manage including the Government. And cannot be added again the number coin we have.
Bitcoin uniqueness lies in the fact that it's the first ever digital currency that has been accepted as a means for the exchange of goods and services. It is also a standard to which other currencies are measured in.
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 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.
I am agree of what you state above. It's difference 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. And as time goes by the value of bitcoin will be higher. And it can used to invest in some projects inside the internet. And bitcoin has valuable compare to physical money. How lucky we are to discover bitcoin and it is also our source income.
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 unique because of the blockchain technology, it has a decentralize form which means no authority involved in every transaction we made, we can send bitcoin anytime anywhere as long as we have internet connection and it is very attractive to everyone because there are many proofs that bitcoin can makes us a millionaire.
Well I think btc is different because this is the currency that has safe transaction also i think first cryptocurrency the proof hiw powerful the technologies.
I think because of the unique and very straightforward and can not be forged or duplicated her by parties that we do not want to. The reason is that You need more than half the computing power used today for the bitcoin transactions are not possible because the necessary resources for this are very high. Anonymous bitcoin unlike other local currencies. Its value can be increased exponentially compared to the local currency which we used until now is gan.
It is a very strong convertable coin between platforms. Also, I see it as a model for other coins because it created a new era for crypto currencies and i strongly believe that it will always stay as a very powerful model for them.
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