As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?
Hi and welcome to bitcointalk forum!
By other "offline currencies", I guess that you mean to gold and cash, let me explain why bitcoin is better then them.
Cash- Huge inflation, which means that if you hold cash as a store of value, at the long run you will lose value!, can be only transferred by a face to face meeting(someone need to physically deliver the cash to you).
Gold-Hard to store( takes a lot of space and may require to have a security behind), and also hard to transfer
Bitcoin- Fixed inflation, which means that you won't lose value at the long run, and also very easy to transfer,you don't need to actually meet someone in order to transfer bitcoins and you can do it from home.
Also it's value goes up at the long run.
Just to add on of some my idea about bitcoin versus offline currencies.
Offline currencies are those fiats money we have on distinctive country. Also, other jewelries which will be convertible to cash. It's durability will be affected like our paper money in long run of time. During cash transaction there will be a transaction fees or other fees like tax that will be add on which is required by the government.
Bitcoin is a crypto currency which lives in the cyberworld and decentralized was occurred. Bitcoin has a lots of privileges , like transaction fees which is easy and fast with very low transaction fees compared to fiats money. Its value is increasing and its a good opportunity to have a good profit today for the future purposes. No government that will be dictated which is highly secured especially the different transaction all over the world. As of this time bitcoin is the dominant of all over crypto currencies in the cyberworld .