Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin is Different From Other Currencies?
by
Omosomofa
on 16/05/2018, 20:21:53 UTC
There are so many reason why Bitcoin is different from other currencies. Some of the reason is that Bitcoin is digital and decentralized With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has no owners. Bitcoin is Ease of online shopping ,As we already know, Bitcoin can do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money. Bitcoin is less volatile than cash, Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.