Post
Topic
Board Beginners & Help
Re: What are the procedures to follow when I want to invest?
by
passwordnow
on 08/09/2023, 15:12:44 UTC
3. Why is using Bitcoin better than using conventional currencies?
It's better when you're going to do transactions offshore. Because there's no central authority and there's no third party that it has to go through that will take up to 3 business days for the confirmation. And that's what we're talking about as a currency, not mentioning it as a store of value. Being it that has a fixed supply makes it better than the typical currencies that we've got and that's because they can print endlessly compared to Bitcoin. So, its value will keep on increasing as the demand increases as one of its property is its scarcity.