Bitcoin versus other offline currencies

in bitcoin •  7 years ago 

Bitcoin is basically a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a single administrator.Bitcoin is better than other offline currencies in following ways:

Bitcoin is better than regular currency as Bitcoin has the [capability] to be send and recieve money in an easy and secured way whereas other offline currencies consumes time and effort to transfer it from one place to another.

Bitcoin’s [future is brighter than other offline currencies] as it’s marketvalue is getting higher day by day which increases the chance of profit. Bill Gates highlighted it’s importance by stating that “Bitcoin is Better Than Currency”.

Bitcoin’s [security beats other offline currencies security].Bitcoin can be backed uo and saved to other servers, saved in wallets, or in offline vaults whereas, other currencies can be lost or theft.

Bitcoin [doesnot act like Banks],we alone can control nad manage it knowing that soon it’s value will increase. Also, there is no tax to less on our profit.

Bitcoin [increases the speed of transaction]as it is online transaction system which other offline currencies are not.

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