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 ?
Talking about currency comparison in crypto with real money, it has a different definition.
digital currency is primarily used as a stock or asset that is very valuable with the potential for profits to be doubled from its original value. while real money is a fixed value and the potential for growth is normal above average, inflation is common.
Broadly speaking, digital money is like goods being traded and while real money is a legal medium of exchange to buy these goods.