Post
Topic
Board Development & Technical Discussion
Re: Bitcoin – most important technical characteristics
by
pooya87
on 22/08/2022, 02:54:04 UTC
where you would say "it's really important for Bitcoin and people should know it".
* Bitcoin works, it has been working fine for the past 13 years (all its life) and safely too.
* You don't need any third party (middle man like banks) to send, receive or store your money when you use bitcoin.
* Nobody can restrict who sends you money or to whom you send your money
* You can reach anybody, anywhere at any time in the world.
* The payments can not be reversed like other payment networks which provides a lot of security for merchants

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Important would also mean for Bitcoin from a hacking-resistant point
It is nearly impossible to explain about bitcoin security without getting into technical details.

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and what is making Bitcoin superior against competing Altcoins?
Bitcoin is innovative and it actually solves a real problem. In comparison almost all the altcoins are copying bitcoin and usually they first  create a fake problem and then try to solve that problem. For example they claim "bitcoin is slow" then they claim to "solve" that problem. In reality they are just creating a pump and dump scheme.