Bitcoin is so much better than conventional currencies, and it is much more befitting than conventional currencies.
Let's explain why Bitcoin is better than conventional currencies. First, we need to understand the preamble of Bitcoin and why people need it for trade.
In the early days, people used physical objects like rocks, gold, precious metals, bank notes, paper bills, and digital money.
Over time, people learn that the most desirable qualities don't have conventional currencies. Which is given below.
Divisible — can be turned into smaller pieces for certain uses, like paying a specific amount or making micropayments.
Non-consumable — cannot be consumed for purposes other than an exchange of value.
Portable —can be easily carried around.
Durable — does not wear away or depreciate through time or in certain conditions.
Secure —cannot be counterfeited.
Easily transferable.
Scarce—cannot be replicated without end.
Fungible — each piece has the same value as its equivalent.
Recognizable — it is recognized and accepted as a means of transaction.
This is why Bitcoin is called the next step in the evolution of money. Since we didn't have money like Bitcoin before, it's natural to question the concept and compare it to traditional currencies.