What's makes Bitcoin so special

[letteredhub]

Think bitcoin think decentralized finance and privacy.closer than the world has ever experienced.

The Bitcoin security is reliable and  well secure,  protecting your money from scam and fraud that's why you key phrase belongs to you alone rather than replying on bank .

Bitcoin decentralization follows with responsibility of the holders to secure it safe from theft, scam and hack. The seed phrases are in our possession to protect it because it's who has access to the wallet keys that literally has the bitcoin. So the right way actually is that we protect our bitcoin from hack or theft, and not the bitcoin protecting us

[Churchillvv]

If you just know what makes bitcoin so special, is the fact that it is not special!!
Bitcoin is not hard but just mere numbers yet carries power and credibility for usage, bitcoin is not physical but just codings that are more or less nothing but are still where it is today. So what makes of bitcoin is the fact that it is a paradigm shift, nothing like it has existed before and it’s the rewriting of the financial system which has existed.

Bitcoin is proof that out of nothing something can be made true community, bitcoin is what you call special because it’s what we all agree to make of it even though there are millions of oppositions that tried to ruin it. 

[Cleanshit]

* Security system

I thin that is just too broad and not Bitcoin specific.

Yea a bit broad but the OP is on the right track regarding security - its often overlooked.

The Bitcoin protocol is an unbreached secure network of miners and node runners enabling
transactions to be executed, confirmed and verified - thats the Bitcoin blockchain.

 it is borderless,

Another often overlooked 'feature' of Bitcoin. An asset which can amount to Billions of $'s
can be transported in a jeans pocket all around the world without question. Nothing else
competes.

Just as it is, the very borderless part it one thing I didn’t deeply really thing about my first time I started learning about Bitcoin. The very big advantage is having to be able to move and also hold value without even carrying the physical money itself. And also about security you are right, this because Bitcoin can have a very strong protocol but you as a users you still have to protect your key properly. This very responsibility is what makes self custody challenging and also powerful.

[Popkon6]

It has become so popular due to its wide range of benefits worldwide, because you can transact at any time, anywhere. You can pay Bitcoin in any situation, using only an internet connection. It has made people's situation so easy that in this situation, people are thinking more easily, Bitcoin not only carries benefits in terms of transactions,
It also creates more opportunities in keeping it for a long time. If you hold Bitcoin for the future, you can gain huge benefits from it, and you can eliminate future economic shortages. As time goes by, Bitcoin will spread more influence among people, so from now on you can take the opportunity to reach success by investing in Bitcoin.

[RGBTC]

One amusing reason why Bitcoin is special is that it has risen from the "dead" hundreds of times after being subjected to brutal "assassination attempts" by prominent economic figures. What’s funny is that these would-be killers aren't even ashamed to try again; here is the list: https://99bitcoins.com/bitcoin-obituaries

Going forward, we ought to celebrate every time Bitcoin rises from the dead.

[X-ray]

I came to realize that Bitcoin is a combination of  several properties that helps the system.

I'd like to think of it as the opposite, it helps detach from current centralized system making us less reliant and have more freedom, no bank in the middle or account freezing, just real money and real self custody.

I came to understand that  any individual who has good Internet connection can possibly send and receive Bitcoin without stress or finding bank for approval due to one's transactions.

You don't even need a good internet connection to use bitcoin, a slow botched internet connection in 3rd world countries still able to broadcast your transaction, some even use off grid technology such as BitChat that uses Bluetooth Low Energy mesh or you can use TxTenna.

[Y3shot]

One of the things that makes Bitcoin special is that there are qualities that can't be copied, and this makes Bitcoin even more unique. Bitcoin has many reasons why it is special. First of all, it is special because no other digital asset can take its position. I have never seen an asset that has been hated and talked about negatively like Bitcoin, but still, this has never stopped Bitcoin from having value.

When Bitcoin was created, so many people were skeptical about it, and this is what can kill any asset when people don't believe in it. But nothing changed Bitcoin; it still remains the asset that it was designed to be. Bitcoin is not just special but unique.

[Tamaperdana]

Snip

It's true that Bitcoin is incredibly secure when compared to other digital assets or even physical assets. So, it's undeniable that Bitcoin is truly a truly remarkable invention. I don't think anything can rival Bitcoin in terms of security or other aspects, such as decentralization. This is an undeniable fact. I'm truly proud to own Bitcoin. This is an asset of the future, and it will undoubtedly become increasingly popular in the future. Let's just wait and see.

The Bitcoin security is reliable and  well secure,  protecting your money from scam and fraud that's why you key phrase belongs to you alone rather than replying on bank

Bitcoin is globally verify worldwide, approved for all transactions without doubt of scammers.

But if we're talking about this, even though Bitcoin is indeed secure, it still depends on whether you can properly store it. Basically, if our Bitcoin is stored in an unsafe location, like on an exchange or with a third party, it's clearly not safe. The recent coldcard incident is a prime example. So, with that in mind, I think storing Bitcoin independently is clearly better than storing it with a third party. And to avoid fraud, I recommend keeping your Bitcoin wallet out of the internet. Essentially, after you create your wallet address, write down the wallet phrase and verify whether it's correct. Once it's correct, simply delete the wallet app. This way, your Bitcoin wallet is now safe from fraud because when your wallet is off the internet, fraudsters will have a hard time stealing it.

[Dogedegen]

The Bitcoin security is reliable and  well secure,  protecting your money from scam and fraud that's why you key phrase belongs to you alone rather than replying on bank

Bitcoin doesn't protect you from frauds and scams
That's our responsibility
It helps you have access to a form of money that doesn't require a third party to operate.

I think that he wanted to say in the direction that it provides protection against double spending which means that it does protect us from this kind of issues, but this is why it is important to be precise when writing things. When it is written how he did it it means something else and becomes incorrect even if he maybe meant the correct thing.

Anyone can use Bitcoin as long as they have an internet connection and a computer capable of running it.

With smartphones, Bitcoin transactions could be made. The computer is not the only device that could be used for Bitcoin transactions.

Then what makes you think that a smartphones is not a computer? I got it, most people thinks that smartphones are not a computer but that's not true, smartphones are computer because it has all it takes to be called a computer, it receives data as an input and process it as output.

Sometimes there are confusions regarding how words are being used. Often when people say the word computer they mean desktop computer and sometimes also laptops, but you are correct that smartphones are computers. Maybe the better way to put it would be to call them computing devices, that would cover more devices and would maybe not confuse people who have specific definitions of computers from daily use. Actually people don't even need a computing device. You could in theory create Bitcoin transactions by hand it is just very difficult, and then you can transmit it with some way to the network like with the internet or even a satellite!

* Security system

I thin that is just too broad and not Bitcoin specific.

Yea a bit broad but the OP is on the right track regarding security - its often overlooked.

The Bitcoin protocol is an unbreached secure network of miners and node runners enabling
transactions to be executed, confirmed and verified - thats the Bitcoin blockchain.

What do you mean unbreached secure network? That is a strange way to put it, do you mean to say that it has never been hacked before?

[Zackz5000]

Bitcoin is special because Bitcoin is the only leading coin in the cryptocurrency space, it remain the king of all coin and it's worthy and reliable to invest on, Bitcoin is a store of value that doesn't require any third party before any transactions can be carried out.

Another thing i also found interesting about Bitcoin is that it's not only for the rich folks or for those that have a stable income that can invest in Bitcoin but any body who is willing can also invest as long as they have there discretionary income, and you don't also need to be an expert or have a deep knowledge about Bitcoin before you can invest.

[Pandu Geddon]

Bitcoin is globally verify worldwide, approved for all transactions without doubt of scammers.

Bitcoin can indeed be used for all kinds of transactions, goods or services. For cross-border businessmen, Bitcoin is a good payment tool. But what about the laws in each country that regulate the use of fiat currency for international transactions? There are still limitations to doing everything.
Bitcoin indeed cannot commit scams, but the person you engage in a transaction with might deceive you. It's not Bitcoin, but the person using Bitcoin who might have bad intentions.

[Bigjoe33]

Coming back to your post that it protects your money from scams, it does nothing for a person who can't secure their seed phrase and gives it to anyone. Self custody moves the responsibility onto you, so there are no recoveries, no refunds, no support.

Very simple, and a real security check it is. You know, sometimes, misinformation can be a problem, or when people misinterpret  an information. The OP sounded like, once you own Bitcoin, you are very much safe from anything called theft or scam, which is totally wrong. I understand that he is painting the picture that with Bitcoin, there is no interference from a third party or any other body, and that you are in charge, yea, but like you reminded him, the owner still has a lot of work to be done. Not your keys, not you coins, simply demonstrates that, he who has the seed phrase is the only one with the access to the coins, thus, you must always be active and protecting your coins, else, scammers may take them away.

[Silikiem]

Bitcoin is truly a special asset, it’s more like a blessing to mankind. It has so many qualities that have really distinguished it from other asset in the crypto world. No other cryptocurrencies have come close to what bitcoin is, they all fell off on the way. Record has it that bitcoins initial value as at when it was launched in the year 2009 was effectively $0, count down to now and since then the value keeps increasing, just few months ago we saw a record all time high(ATH) of $126k. And bitcoin’s potential hasn’t gone away yet because there are still many promises of achieving success in bitcoin in years to come. Globally it has gained more popularity and recognition, most countries have adopted it as a legal tender for any form of transactions, bitcoin have survived so many attacks and attempts of bringing it down but its now looking as if the more they try to fight bitcoin, the more it keeps getting stronger.

[YOSHIE]

What really makes Bitcoin so special is that it creates scare digital money without a central authority to give order.

That not the only thing that makes Bitcoin look special and widely seen by people around the world.
Apart from the privileges that exist in Bitcoin, there are other even more special things that users can experience, In the past, before Bitcoin was created, when traveling you had to carry large amounts of money in your pocket or suitcase, now with Bitcoin you don need to do that anymore, you just have a Bitcoin wallet and a cell phone, you can carry money and store billions of dollars in Bitcoin.

What even more special, when you travel even though you are in a country that has bad finances, you don need to worry that everyone has access to their wallets all over the world, be it a country during war, crisis, natural disaster and so on, Bitcoin wins very special in general.

[Zorellian]

Bitcoin is truly a special asset, it’s more like a blessing to mankind. It has so many qualities that have really distinguished it from other asset in the crypto world. No other cryptocurrencies have come close to what bitcoin is, they all fell off on the way. Record has it that bitcoins initial value as at when it was launched in the year 2009 was effectively $0, count down to now and since then the value keeps increasing, just few months ago we saw a record all time high(ATH) of $126k. And bitcoin’s potential hasn’t gone away yet because there are still many promises of achieving success in bitcoin in years to come. Globally it has gained more popularity and recognition, most countries have adopted it as a legal tender for any form of transactions, bitcoin have survived so many attacks and attempts of bringing it down but its now looking as if the more they try to fight bitcoin, the more it keeps getting stronger.

Yeah, bitcoin is the only coin that someone can count on and turn out the same thoughts even though it will take some time and years but it will deliver as you wanted, no coins will do that for. That who many people consider him as a real coin and asset for a mankind, bitcoin have done something that have surprised many of the users and the world. Since the year they have bring out bitcoin you can see he has gone far already and set the some record that no coin will be there soon.

[uchegod-21]

We don't really emphasise much on the blessings of having a currency that allows very seamless, borderless transactions. Some countries still face that challenge to this day whenever they want to make transfers to people in other countries. They either have to deal with currency conversion, having to own specific foreign accounts or payment platforms. Sometimes, they have to undergo verifications, assessments, authorisations, and deal with declines and other delays that make the transaction process not go smoothly.

Everyone has their specific reasons why Bitcoin is special to them. This is just one of my reasons, and I also totally agree with other people who have given their reasons.

Although, I still have a question for those who have given their reasons why they think Bitcoin is special: if Bitcoin suddenly loses that quality you admire about it, will you still consider it special?

[coinrifft]

Although, I still have a question for those who have given their reasons why they think Bitcoin is special: if Bitcoin suddenly loses that quality you admire about it, will you still consider it special?

It's very hard to answer that questions, because admit it or not, majority of us here could be heavily investing on Bitcoin because of the potential profit it can give us. Specially for average joe. In the beginning we might not be familiar on how to invest or money.

But Bitcoin has given us that chance, and so with that learning, we make a lot of profits specially for those who have been in several halving already. They have the experience and have been doing it for years and it's a live changer for them. So as humans, if something is no longer working for us, then we might look for better alternatives in order for us to survived.

[Big Dirams]

Some people still thinks its keeping and using Bitcoin is complicated. This is why they prefer to invest through middlemen. Bitcoin offers privacy, and it is portable. Nobody knows how much you are worth if your money is in Bitcoin. In case of emergencies, one can easily move to another location with their Bitcoin without restrictions.

Some of this people that thinks this way are just the people that have no idea of bitcoin at all or the cryptocurrency in general so anytime they hear of digital currency they feel scare and worried they are open up to scams and no security at all. They lack the orientation of how the digital system works and how it can be of a benefits but with a guidance and counseling they will know why are people so Interested on digital currency and what they have been missing out for the past few years.
Some people want to join the system but they are scared and they just need some explanation to move them to the system. Some are willingly to learn but no opportunities or way to learn and some are not just interested at all and even our explanation can’t change their mindset.

[Taricoins]

I think the biggest flex for me about bitcoin is its ability to appreciate in value over time and I think that's a special trait we all considered before starting out journey in bitcojn investment, after that comes the other one of globalization, sending of funds to people far without the hassle of banks or fiat drama. And above all the knowledge of it makes me feel special, like am above those ignorant with how wonderful It is

[BitBakerr1]

All you have mentioned are the things that makes Bitcoin so interesting and wonderful to invest on, bitcoin is a very good asset and the fact that it has no central authority and that no one has control of bitcoin is so powerful and again for the fact that it’s not a physical asset makes things more interesting, your investment in bitcoin is safe from thieves all you have to do is keep your bitcoin investment a secret and protect your secret phrase very well and your bitcoin investment is secured, unlike physical investment that people will always know about because you can’t hide it.
I know that your bitcoin can be stolen but with little security steps you will make it will be secured.
OP it’s nice that you are finding out all this things by yourself, it will make you a better investor.