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.
great explanaition mate,enough for the op to understand what you trying to
Impose,but what captured my attention is when you said "YOU WONT LOSS VALUE AT
THE LONG RUN" because as we know bitcoin value wasnt stable,it dump and bump and
No one can tell what will the future of all crypto currencies,if they will stay on high value
Or will drops for tomorrow,
For me better to sau that Bitcoins advantage is when it pumps our investments could
Earn big profit while in physical money we can ewrn nothing.upon holding