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Re: Bitcoin versus other offline currencies
by
kyanscadiel
on 30/12/2017, 05:12:36 UTC
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 ?

Comparing bitcoin against "offline currencies" you mean to say cash? or a thing that has an economical value like jewelries, mostly with precious gold, silver, bronze, etc? If you are looking for what's the real market of bitcoin, try to check out coinmarketcap.com and for the market value of fiat money/cash, the government or your country will tell it how much it was valued. While with the precious things I mentioned try to explore this chart http://www.kitco.com/charts/
m. We all know that they are very different in all aspects, but both are very useful for all of us. Both currency bitcoin/ fiat money has it's own market value, we can use them both in our financial needs. Bitcoin is a modern alternative of payment system wherein we can only have transactions thru the use of the internet. Fiat money is what we use everyday without any hassle of using the internet. Therefore both are very important and there is no need to compare because they are both useful.