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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4545 times)
BlueStackz
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November 22, 2017, 08:21:12 AM
 #161

Yeah right, this bitcoin virtual currency is very different from the existence of money-money in this world. Higher values ​​of any country's currencies are even fluctuating, bitcoin is quite unique and is highly favored by everyone. Bitcoin does not require the labeling of a particular country because it is very special indeed.
Bitcoin price is very high than any other currency and its transition are very fast as well you can also learn a lot of things here and you can earn from bitcoin as well so I think bitcoin is much better than any other currency and its very stable now a days so bitcoin is going to help everyone and world need bitcoin so that’s the reason bitcoin is better than other currency.
ModGirl
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December 10, 2017, 08:26:53 PM
 #162

Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.

Bitcoin can also be use as a form of payment for both goods and service. Just like the normal currency it can be also use to make transaction not just in local but also international. But bitcoin is more than just a currency, its more like an asset that gain profit from time to time.
This is fair enough because as the time is passing the value and the price of the bitcoin is increasing and this thing makes the bitcoin the king of the all of currencies. So this is the thing that makes the bitcoin different and the valuable. So it is now being the world famous and it has the bright future and this is the major reason why the bitcoin is now the famous currency while all the popular people are getting in the bitcoin.
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December 11, 2017, 02:49:26 AM
 #163

structure is very different, because bitcoin is digital. in addition, bitcoin can also be used as an investment and commodity that can be traded with a high price. So, it can be said that bitcoin has a function that is a combination of fiat and gold.

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December 11, 2017, 02:56:33 AM
 #164

 There is the biggest diferent in bitcoin and other currency specialy in fiat money. The main reason why bitcoin is more special than any currency in the world is its because bitcoin is faster than any other and even anywhere in the you can send money with in just a minates. Second is bitcoin is more secured and unhackable except if you are giving you pasword and they were steal you money.

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tikaka
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December 11, 2017, 03:23:01 AM
 #165

I think bitcoin is different from other currencies in that it does not depend on anyone even the government. The security of bitcoin is very high. And bitcoin is just another virtual currency with traditional currencies. Have a specific shape. Can not fake bitcoin

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December 11, 2017, 04:22:29 AM
 #166

Having different form is just one part of it but the fundamental difference lies in the system on which it works. Bitcoin as a blockchain based cryptocurrency provides many benefits as compared to that of traditional fiat infrastructure but that doesn't mean it is a solution for every problem out there. Bitcoin provides some solutions like quicker transaction, low fees but also has its own problems so in every aspect it is different from other currencies.
MMS2017
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December 11, 2017, 04:37:30 AM
 #167

Yes from the start to till now bitcoin rollover other coins and currencies. the investors have invested their money into it because they have trusted it and they know that it has a good future. most of time i feel proud because the crypto currency is growing and spreading all over the world it is good for all of you to get the benefit of this currency.

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December 12, 2017, 01:42:07 PM
 #168

Bitcoin is created as a virtual currency. It is untouchable and it can’t be altered even though it is in online market unlike dollar or euros it is touchabe and can be altered in so many ways. Bitcoin was created to diversify the global market.
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December 17, 2017, 06:11:11 PM
 #169

Bitcoins are different from other currencies out there because of the fact that cannot be duplicated or even created at will, also it is a safer alternative to paper money.
ateebshaikh290
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December 17, 2017, 06:26:40 PM
 #170

Why bitcoin is different from other currencies the reasons are that bitcoin has no central authority, unlike other currencies which are backed by the government. Bitcoin transactions are registered in the Bitcoin blockchain. This acts as a ledger, whereas cash transactions may or may not be recorded. Bitcoin is quite secure to an extent where it cannot be duplicated, manipulated or forged.
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December 20, 2017, 07:10:57 AM
 #171

There are many reason behind this topic. First of all it is world first Decentralized digital currency  and it can only earn by using Internet. Like any other physical currency it is doesn't undercontrol of any government and it cannot be duplicated. Transition through bitcoin doesn't need any third party like banks which makes it different from others.  You can use bitcoin anytime anywhere and also converted into other currency easily and this feature is make it unique from others.
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December 20, 2017, 07:31:21 AM
 #172

In terms of value, Bitcoin has a large lead over other altcoins. Bitcoin's security has been proven far more than it's counterparts also with it's usage exceeding that of altcoins. It is also more accessible, more exchanges and merchants, more software and hardware that supports it.
Bitcoin different from other cryptocurrency because it is the first created and right now many people is get interested because of rising value of bitcoin. Also bitcoin is now popular in many country so that the community of bitcoin is also growing.

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jona
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December 20, 2017, 07:40:34 AM
 #173

You have said it all why it is different from other currency,no taxes, no government control,no third party all these and many more make bitcoin a unique currency.
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December 20, 2017, 07:46:48 AM
 #174

Bitcoin is different because it is the first currency to be born, so people now call it Bitcoin, while the remaining coins are later called Altcoin. The BTC value is also very great value, not comparable to the Altcoin coins. And the most important thing is the security of Bitcoin, which has the best security against other currencies. And Bitcoin is not under the control of any individual or organization.  Cheesy

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December 20, 2017, 07:52:29 AM
 #175

Bitcoin is a block-chain based online currency. It's security is very high and unbreakable. The founder somehow realized that this process is not a cakewalk even if anyone can fully understand it. Nowadays many company are allowing it to their payment system. The day is not so far when no one needs a bank for reserving their money.Bitcoin itself a bank as well.
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December 20, 2017, 08:05:23 AM
 #176

Bitcoin is different because it is the first currency to be born, so people now call it Bitcoin, while the remaining coins are later called Altcoin. The BTC value is also very great value, not comparable to the Altcoin coins. And the most important thing is the security of Bitcoin, which has the best security against other currencies. And Bitcoin is not under the control of any individual or organization.  Cheesy
With respect to the post above, the difference of bitcoin currency compared to other currency is that bitcoin is a cryptocurrency or a digital currency while other is real currency and bitcoin is the first ever successful digital currency created and its system is decentralized or no central control and its main disadvantage over its more advantage is that it cannot be used without internet connection.

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December 20, 2017, 08:17:05 AM
 #177

Bitcoin is different because it is the first currency to be born, so people now call it Bitcoin, while the remaining coins are later called Altcoin. The BTC value is also very great value, not comparable to the Altcoin coins. And the most important thing is the security of Bitcoin, which has the best security against other currencies. And Bitcoin is not under the control of any individual or organization.  Cheesy
With respect to the post above, the difference of bitcoin currency compared to other currency is that bitcoin is a cryptocurrency or a digital currency while other is real currency and bitcoin is the first ever successful digital currency created and its system is decentralized or no central control and its main disadvantage over its more advantage is that it cannot be used without internet connection.
Yes a big difference is there between crypto currency and fiat currency, but if we compare bitcoin with other fiat currency, still there is a big different, because bitcoin is the the fundamental currency while the other currencies are copies of bitcoin, they are alt of bitcoin, Bitcoin is a decentralize, anonymous currency while other altcoins are created by form or companies having some specific task behind them. That is the reason that bitcoin bitcoin is the number currency of the world and will remain as number one for ever.
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December 20, 2017, 08:21:02 AM
 #178

Bitcoin is a decentralized currency. Nobody can control its value. Its value depends on its demand. In early 2017, its demand rose and still rising because of its popularity that makes the demand higher.
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December 20, 2017, 08:53:32 AM
 #179

Bitcoin is unique and different from other currencies because it cannot be duplicated or forged for it is a currency that runs by a system. It also rises up its value exponentially unlike any other local currecies that are available now.

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December 20, 2017, 09:11:42 AM
 #180

Because Bitcoin is the first digital currency created to facilitate users in other transactions, maybe not only that, Bitcoin is also very helpful to everyone in providing comfort in various things.
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