For the first time in history, money is separated from the state. Bitcoin aims to be an alternative to Fiat currencies by providing financial inclusion to anyone, anywhere in the world. A system governed by mathematics and cryptography will put an end to corruption once and for all. The pioneer cryptocurrency can be used globally without limitations thanks to its decentralized model. People can send cross-border payments in minutes without the need for ID verification, background checks, or credit checks of any kind. This brings a whole new era of financial sovereignty as we know it.
What do you think? Is Bitcoin better than Fiat? If not, why? Is it still too early to tell? Your input will be greatly appreciated. Thanks in advance
What do you think? Is Bitcoin better than Fiat? If not, why? Is it still too early to tell? Your input will be greatly appreciated. Thanks in advance
I don't know what exactly is this that you mean by Bitcoin. Bitcoin in the form of BTC can't scale on-chain, or devs have abandoned any attempts to scale under what they claim is fears of losing decentralization. Now, you should explore it further if it can replace fiat, with all the third parties and second layers that seem to reduce decentralization and even create custodial problems, or reduce the immutability and create an environment that could censor transactions, increase ID verification and even block transactions, thus reducing financial freedom.