I know about crypto and everything in general but I am having difficulty to understand one thing about it. Why crypto or bitcoin is better than money ?
I mean I know the block chain technology is revolutionary and it has many benefits, it is being used by all crypto. Money is used to buy goods and services and there are very less businesses accepting crypto and still the prices are rocket High.
This Crypto trend looks more like share market company evaluation rather a legitimate currency. Moreover all government have there own currency, goverment cannot let that sink and can ban these. Can someone explain to me the value of Crypto as a currency when compared to real money ?
For me, BTC is on a whole different level in comparison with legitimate money used in other countries and not really a currency but rather an asset that could be exchanged in a different currency. It uses blockchain technology wherein there's no need for 3rd party when it comes to transactions but you need to pay for transaction fees. So there's no point to compare it with traditional money since both serve a specific purposes and has different advantages.