Quote from: yvesp110 on January 19, 2018, 08:32:16 PM

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Quote from: prettypearl on November 15, 2017, 12:12:54 AM

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

It is very obvious that the bitcoin is more higher in value than other offline currencies. Bitcoin is now the leading crypto currency world. And if you compare bitcoin rate, other offline currencies cannot beat bitcoin.

I dont really get what you guys mean by offline currencies, cause I dont know any currencies that is completely offline, except you guys mean stocks like gold, silver and the others like them, and not real currencies. Dollar is not only being used offline as cash, you can also use them digitally or should I say with electronics (electronically) with the help of services like PayPal and those alike.

Banks even have their own mobile apps that can be used to send and receive money, and serves for payment purposes in stores.

All the regular currencies which are there in this world which dont require an internet connection in order to perform any kind of operations can be termed as offline currencies. There are pros and cons of each and every currency, same is the case when it comes to that of bitcoin and other regular currencies. Regular currencies are the best choice for spending point of view and bitcoin is the best choice for investing of money.

The first disadvantage of offline currencies is that their transfer is not instant and also the fee involved in them is much more as compare to online currencies like bitcoins.

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