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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4542 times)
dpoisoner
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May 19, 2018, 01:34:29 PM
 #501

I consider this coin to be the best example of digital money. He has a demand in the market. It's safe. A good option for investing money

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May 19, 2018, 01:40:18 PM
 #502

It has a completely different concept, it is a currency that is designed not just to support our financial world, but to completely change it, to make it much more convenient, faster and safer.
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May 19, 2018, 01:51:36 PM
 #503

bitcoin is different from other currency because its not own by someone. that is it is not and cannot be controlled by someone or a group of individual except by holders. this make it different from other currency. even some digital currency like paypal and webmoney etc control within a centralized authority and that is the reason why your account can be blocked or all your money can be taken from you without your consent. the reverse is the case for bitcoin because you are the only one that can control your account.
kidoseagle0312
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May 19, 2018, 02:02:37 PM
 #504

Bitcoin is different because it uses a complicated tech which computes inputs that translate into currency. Its the advancement of digital currency. It is decentralized in nature and no authority has power over it and its transactions are much more secure and anonymous because it uses hashes. Unlike fiat currency and credit/debit cards which is centralized and controlled and can be monitored and be tracked, Bitcoin is the opposite and provides a lot of perks.
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May 19, 2018, 02:08:36 PM
 #505

Many countries are starting to adapt bitcoin and treats it as an important currency and investment.This is why bitcoin is different from other currencies.It is decentralized and many are treating as their digital gold so it's a complete investment and currency.Bitcoin is recognized before for being used to different transactions.t.The market value of bitcoin is increasing and getting more expensive as it is proportional with the demand in the market.
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May 19, 2018, 04:12:11 PM
 #506

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 is different from the other currencies because there is nothing like a counterfeit Bitcoin which is normally experienced by the paper money in many countries. Transactions pertaining to Bitcoin is also not subjected to authoritative third party inference thereby making owners/users have full control over all transactions.

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May 19, 2018, 04:25:37 PM
 #507

Bitcoin is not different from other coins.  But it is oldest or king of all currency.  It is leader and king of all currency.  All currency follow bitcoin.
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May 19, 2018, 04:32:41 PM
 #508

The difference of the Bitcoin from the other currencies is that it is an independent digital currency that can't be managed either controlled by the government. Bitcoin is very different wherein it don't have to be printed just to be said that it's a type of currency, it's digital unlike those tangible currencies like dollars and pesos.

It cannot be printed to be exact unlike fiat which can printed more and more for every citizen born in each country
And the ability for a payment without even the need of a bank is awesome! Its transparency, secure technology is also the main advantage compared to any other currencies

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May 19, 2018, 05:13:31 PM
 #509

Bitcoin is a digital currency, it does not have any physical appearance.So it is different from the entire other currencies.The transaction on bitcoin is only possible through internet.By this it is free from the payment of tax and service fees.
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May 19, 2018, 05:22:41 PM
 #510

The fact that bitcoin is the original and first ever cryptocurrency that has blockchain gives you the idea that it is very special and is different from other currencies. and remember that bitcoin is created at 2009 and one of the best altcoins but still can't beat the popularity of bitcoin , Ethereum was created 2015. Imagine that Ethereum eventhough tries to diverse itself to bitcoin by being more versatile and modernized just to beat bitcoin but still can't do it is actually a big thing already. Bitcoin truly is a king of cryptocurrencies.



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May 19, 2018, 05:25:47 PM
 #511

Bitçoin is different and unique currency of all currency...not like fiat that we usually use, it is one currency that no one can tamper nor control and it is useful on many ways n plus he fact that you can earn much if you worked it out or invest.
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May 19, 2018, 05:27:37 PM
 #512

What makes it different from other currencies are its features, it is decentralized, no one can control it, nothing can manipulate it. It is secured, it is unique, cannot be duplicated or forged. It is limited, we only have a limited supply of it 21 million. It can be a digital currency or a digital asset depends on how are you going to utilize it.

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May 19, 2018, 05:34:05 PM
 #513

main difference between bitcoins and others electronic money is that they do not relate to the issuer's debt obligations. Bitcoins are an ordinary number, they are non-material. To perform a payment operation using bitcoins, it is sufficient to fulfill certain conditions.Main condition is to use bitcoin address, but there may be additional conditions
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May 19, 2018, 05:48:00 PM
 #514

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 has the most solid community in the cryptocurrency market. Bitcoin is the most unique because of its good stability. Investors are keep patronizing bitcoins because of the characteristics of the bitcoin that others cryptocurrencies doesn't have.

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May 19, 2018, 06:03:24 PM
 #515

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.
What bitcoin has to be different is the price of it , obviously, since it was the first cryptocurrency and most developed of all digital currency we have right now. Bitcoin is the most supported and well known currency compared to others which is not trusted by some people. At the end of the day bitcoin is just one of the currency in the market, but the leading one.

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May 19, 2018, 06:13:58 PM
 #516

Bitcoin is a digital currency transacted online whereas all other traditional currencies are in printed format and not online or virtual currency, bitcoin does not have physical existence unlike the fiat currency, bitcoin is a peer to peer network transaction and all transactions are recorded on the publicly distributed ledger. Bitcoins unlike fiat currencies cannot be duplicated and manipulated as the bitcoins transactions are recorded in the block chain ledger which is visible by all from any part of the world so the network is highly transparent. Bitcoins network helps to curtail corruption and helps in improving the economic standards of the country as the price of bitcoins is too high and keeps on increasing due to high demand for bitcoins.

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May 19, 2018, 06:19:21 PM
 #517

Bitcoin is the first cryptocurrency invented by Satoshi nakamot. It is peer to peer electronic cash system which differs it from other currencies.
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May 19, 2018, 06:53:20 PM
 #518

Bitcoin is a currency of a completely different format, a currency of a new generation. And so it has such a huge success, it is unique.

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May 19, 2018, 07:12:06 PM
 #519

well i think very different since bitcoin digital currencies make use of systems that are capable of running without having to rely on centralized servers. And the transaction server is verified automatically. Meanwhile, bitcoin circulating around the world is recorded by the blockchain algorithm so that each user can monitor the total supply of bitcoin in circulation and between other existing currency is bitcoin is cryptocurrency and it will only earn when you have an internet. It is also digital money, you can not touch it or smell it like other coins in many countries. Bitcoin is also not controlled by the government and it can not dictated when will its price become high or dropping down
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May 19, 2018, 07:27:01 PM
 #520

Bitcoin is different from other currencies because bitcoin its a first cryptocurrency which is also called dadday of the crypto-world. It is very secure or unique and no one can control it and manipulate it.
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