Reduced reliance on fiat money:
Ever since mankind invented currency, money in its metallic and paper forms have become the main medium of exchange. With the digital revolution we are experiencing right now, the economic landscape will transform in drastic ways. But it remains to be seen how bitcoin, which takes the form of data, can replace our present monetary system. Yet, consumers have become more reliant on online transactions as a more convenient means to pay for products and services. What’s more, a lot of people that are already managing their own bitcoin wallets have full confidence that their virtual cash enjoys the same level of security as real money.