Post
Topic
Board Bitcoin Discussion
Re: Why some people prefer Bitcoin over fiat ?
by
BenjaminPeacock
on 22/08/2017, 06:35:41 UTC
You don't have to exchange currency with bitcoin. If I have 1 BTC and send it to you, you now have 1 BTC. We didn't have to go through an intermediary and didn't have to exchange GBP for JPY. It is also not tied to any government and is free from political risk, or central bank policies. There is a limited supply vs. fiat where a treasury department could just print more money.