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.
Actually we cannot compare these two for the reason of they have their own strenght and weaknesses. For example, in offline currency you can able to use this one whenever place you are I mean there are few countries who does not accept Bitcoin in their place because of having a bad image. Unlike offline currency is available across the world. For bitcoin, it is better for online transaction like trading and investment due to its unique characteristics. Besides it is decentralize so government couldn't manipulate the Bitcoin.