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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4543 times)
Urbinklin
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May 19, 2018, 07:59:01 PM
 #521

Bitcoin is one of the most brilliant inventions of the 21st century, and most importantly, this invention has found a lively response from people, it is actively used, and this is only the beginning.
galaxing
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May 19, 2018, 08:11:56 PM
 #522

why the world's currency is not the same as bitcoin, because the security is so good that the state government can not stop bitcoin, and also the number of coins from bitcoin can not grow again, though bitcoin can turn its users from poverty into millionaires.
# This is a fact
abiola1
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May 19, 2018, 08:15:38 PM
 #523

Bitcoin transactions are registered in the Bitcoin blockchain. This acts as a ledger, whereas cash transactions may or may not be recorded.
lesya-ya
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May 19, 2018, 08:34:31 PM
 #524

Everyone loves bitcoin, although there is little that they understand in this. Everybody wants it, he is king among other cryptocurrencies.
benhill
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May 19, 2018, 10:06:43 PM
 #525

The biggest distinction Bitcoin has from other currencies, is that it is decentralized. This means that no specific company or bank owns it. Also it held electronically and nobody has control over it



Boromon
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May 20, 2018, 02:57:42 AM
 #526

Bitcoin price is very high than any other currency and its transation are very fast as well you can also learn a lot of things. And bitcoin is very special because bitcoin was started also at a low price but due to supports of many investors they survive until they reach their position now.
lushlifing
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May 20, 2018, 03:05:04 AM
 #527

Here is the main reason why Bitcoin is different from other cryptocurrencies, "The main advantages of Bitcoin are network effect and proven security. Both are nearly insurmountable advantages." (credits: Jimmy Song)
Hypnosis00
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May 20, 2018, 03:13:35 AM
 #528

First, bitcoin is a digitalized currency. It has an ease of access to people, and working to gain some of it is really quick and easy, but there are some issue about scam that exists in bitcoin. But in other currencies, people are working to gain money. It is tangible, yes, but there are some people that are evil enough to steal other people's money. Although it's good that you have a tangible money, it is much better to also have a digitalized money that could give you a lot of opportunity in gaining money.
Roomshambles
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May 20, 2018, 03:15:13 AM
 #529

Because bitcoin is the first crypto currency and the increasingly high price, that's why bitcoin is different from the others. In bitcoin also more and more investors who want to invest in bitcoin for a big profit.
lestariptr
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May 20, 2018, 03:16:30 AM
 #530

Perhaps what makes bitcoin different from other currencies is that bitcoin is anonymous and bitcoin can be an asset for long-term investing. Bitcoin itself is very unstable and easily up and down. Bitcoin is not linked to the bank and there is no tax for it.
Df9898
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May 20, 2018, 03:19:34 AM
 #531

because of the bitcoin it had currency rates comparison with rivals so that bitcoin is different from the other.
frankybutterin
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May 20, 2018, 03:33:05 AM
 #532

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.
of course bitcoin is a revolutionary currency other than can be used for the means of payment can also be used for long-term investment or short-term. bitcoin can be used to earn a living by doing daily trading. bitcoin also can not be faked like fiat money. bitcoin is extraordinary money and I love it very much.

Mofoblitz
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May 20, 2018, 03:43:50 AM
 #533

Bitcoin is the crypto pioneer,it was there before all these coins came to be. market cap indicates that a number of people have adopted it and its value the highest in the market, Its usability in the market is also high.Bitcoin opened the eyes of the world to cryptocurrency
thanhcongqaz
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May 20, 2018, 04:07:24 AM
 #534

Bitcoins can not be printed, inflation-free, and not controlled by the government as a regular currency
BitRentXx
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May 20, 2018, 04:12:13 AM
 #535

Because bitcoin only produces 21 million coins. Bitcoin is made limited to keep the bitcoin maintained even though there will be plenty of new altcoin.
Bitcoin is the parent of all coins, if the bitcoin value drops then automatically the other altcoin value will decrease. This is what makes people interested in buying bitcoin even though bitcoin is outdated.
Jerald
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May 20, 2018, 05:00:32 AM
 #536

The reason Bitcoin is so valuable today is that there can only be 21 Million Bitcoins within the network. After the last Bitcoin is purchased, people may begin trading in less which would make it more valuable. This value increase would be due to the limited supply of Bitcoin, matched with unlimited demand for this cryptocurrency.
thenameisjay
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May 20, 2018, 05:08:42 AM
 #537

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.

So far, bitcoins have been the most sought after cryptocurrency to date, even beating the first ever cryptocurrency which is etherium. Almost every cryptocurrency out there compared to bitcoins are just the same, but the demand and the price for each is easily dominated by bitcoins.

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MakLampir
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May 20, 2018, 05:29:03 AM
 #538

Bitcoin is different from other currencies like Dollars or Euros: BTC is limited to 21 million coins which should avoid inflation. BTC does have a particular characteristic that would be extremely difficult to substitute.
JeBro
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May 20, 2018, 05:36:50 AM
 #539

The main difference between bitcoin and other currencies is that bitcoin is completely decentralized and no one can control its price. At present, apart from bitcoin, there are no fully decentralized currencies and crypto-currencies. Even Ethereum has founders who can change the rules if they want. This can not happen with bitcoin.

mornabo
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May 20, 2018, 05:46:02 AM
 #540

Perhaps what makes bitcoin different from other currencies is that bitcoin is anonymous and bitcoin can be an asset for long-term investing. Bitcoin itself is very unstable and easily up and down. Bitcoin is not linked to the bank and there is no tax for it.
Of course there is no other anonymous currency other than crypto, let alone bitcoin is not in the control of anyone including the government, in contrast to the fiat that is governed by the government so there is special control of the government, bitcoin does not have such thing, so full freedom for bitcoin users and thats make bitcoin different
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