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Topic
Board Beginners & Help
Re: Do Bitcoin Really Has Advantages over Fiat Currency?
by
jrrsparkles
on 09/08/2023, 09:08:04 UTC
If there are other advantages Bitcoin has over Fiat Currency do well to educate us. I will gladly appreciate your contributions.

Bitcoin can be used to bypass financial restrictions in a country. Sometimes the government can limit the worth of transfers or withdrawals citizens can make from their bank accounts. These restrictions can have negative consequences on individuals and businesses. But Bitcoin grants unlimited access to your money because no central body or government is controlling the system.
Yes it does but it is also one of the reason why bitcoin is accused from the government side that bitcoin is mainly used for financing terrorism, money laundering and every other crime and pretends that their fiat money isn't used for that. So if there is any restrictions in place and we are breaking it means its violation of law which should not be encouraged at no cost for the good of bitcoin itself or else the bitcoin community will never get out the shadow of grey area.