Why Bitcoin is Different From Other Currencies? - page 7.

florinda0602

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Quote from: yonjitsu on May 20, 2018, 05:16:01 PM

Bitcoin is not only the very first cryptocurrency ever invented but its usage and value defines it to be the king of cryptoworld. Being the base coin of the all cryptos, i couldn't imagine if time will come that bitcoin will no longer exists and i wonder if cryptoworld can be the same again if bitcoin is not around anymore.

Yes Bitcoin will rule the world in the future, People will rely on it in their everyday living.

coincini23

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Bitcoin is more powerful and more famous than the other currencies. Its more expensive, has better performance, secure, and its proven for a long period of time.

qwerty12

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One that makes bitcoin different from other currencies is a decentralized bitcoin network, meaning bitcoin networks are not controlled by a single authority.

Any machine that forges / produces bitcoin and processes transactions is part of the network itself, and later the existing machine will work together. That means that in theory, no authority can play with monetary policy that causes crises or parties with authority that will take bitcoin by force from its holders.

Jorge158

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Bitcoin is a highly secured currency which is on the internet and not printed paper like fiat. The unique thing about Bitcoin is that it is decentralised and no single individual can control it which makes the individual have access to their funds and no fear of any authority controlling it.

wisdomcn

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As for me, a lot of people have trust bitcoin and more will still trust it, looking at blockchain as a Decentralized ecosystem which you as an individual have full control of your wallet. Also looking at it on the area of anonymous platform which high percentage of people across the globe want in terms of transaction. Also consider bitcoin as an Open-source which anyone have access to anywhere in the world.

yonjitsu

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www.daxico.com

Bitcoin is not only the very first cryptocurrency ever invented but its usage and value defines it to be the king of cryptoworld. Being the base coin of the all cryptos, i couldn't imagine if time will come that bitcoin will no longer exists and i wonder if cryptoworld can be the same again if bitcoin is not around anymore.

Victorias

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Gamblica Token Sale launch 01.03.2018!

Decentralization is the main and most important difference between bitcoin and other currencies. Bitcoin can not be counterfeit because it is extracted and not printed.

sashagay

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At any time, anyone can view the history of all payments and track all payments from the moment coins are generated, and the story is never deleted from the database

hurriebra49

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Bitcoin is different other currencies because of too much high price and they are using no one blockchain technology and the main thing is limited quality create the great demand of bitcoin that creates the great difference between the price of bitcoin to the other currencies,

demoltion

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bitcoin is currently a bitcoin that is currently emerging and this is a predicted crypto currency will dominate in all coins, but imi is the emergence of a new currency which is very vigorous and will be a currency that is in anticipation, in the future will be in peak of victory

adjudicator

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Quote from: Md.Esamul Haque on October 13, 2017, 09:31:43 AM

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.

There are lots of unique characteristic of bitcoin and it can also be its advantage like it is decentralized, so that many people are favor to it because there is no taxation happen every move of your money. Another thing is it is not tangible so it cant be snatch by a single moment and you can use it anytime and everywhere.

turcalata

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Bitcoin is very important primarily because it is first. It also represents the whole market alone. The trusted symbol is for crypto money.

reidel21

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Bitcoin's changing world has become a new cash transaction. When looking at how different from today's currency is in the digital format according to the new digital world, and the transaction varies greatly and safely.

Thera Bethari

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The reason Bitcoin is so valuable today is that there can only be 21 Million Bitcoins within the network. After the last Bitcoin is purchased, people may begin trading in less which would make it more valuable. This value increase would be due to the limited supply of Bitcoin, matched with unlimited demand for this cryptocurrency.

Watchy312

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It would be of no sense if someone creates a currency which is just the same with the existing ones. Maybe despite some similarities there should be something not similar that makes it unique and perhaps even better than the old one.

Falgorn

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The main difference between electronic crypto currency and ordinary money in electronic form is as follows. In order for ordinary money to appear on the account in electronic form, they must first be physically credited to the account, for example, through a bank or payment terminal. That is, for ordinary currency, the electronic form is one of the forms of physical embodiment. The currency currency is issued directly on the Web and is not connected in any way with any ordinary currency or with any state currency system. Thus, we can say that "crypto-currency is a kind of electronic money.

Tatsuyashiba

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What I know is probably because bitcoin is the first crypto currency and from now on the price of bitcoin is very expensive. So maybe that's the reason why bitcoin is different from other coins.

tazman

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The fundamental distinction is demonstrated wellbeing, which is relatively inconceivable. What's more, bitcoin is the primary made cryptographic money, it is the most well known and has more open doors in the market, more venders, it is bolstered by an expansive number of programming. In bitcoin, the cash is contributed by a bigger number of individuals, including substantial business people, which altogether underpins bitcoin and its favorable position over other cryptographic forms of money.

Tungsten-1

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Quote from: Hallmader on May 19, 2018, 06:30:21 AM

Bitcoin is different from other currencies in so many ways. Bitcoin is a digital currency, which means it is fully digital. Unlike fiat, it does not function outside the internet. Furthermore, it does not depend its function on the laws that are being implemented in specific countries; it crosses borders. Bitcoin is also very much unlike other currencies because its value is very aggressive in its growth.

Yeah bitcoin is the most wanted and the most valuable currency which is famous all over the world, bitcoin is highly suitable for all kind of people which makes it different from other currency, electric currency like bitcoin is significantly different from other currency as payment method and availability and breadth of distribution, bitcoin is simple to use and it is open for all settlements of transaction, it is the best way of earning money.

Diniil

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ELONCITY

For me, Bitcoin is different in that it is the best currency for making money. With Bitcoin, you can easily increase your capital.

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