What's makes Bitcoin so special

[oll]

Everyday as I wake up I find Bitcoin so interesting and so special to me.

I study everyday and keep finding the benefits in Bitcoin, this makes me to understand that Bitcoin is the first decentralized borderless digital money that functions massively without the control of the government or bank.

...

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

Bitcoin still hasn't lost its properties since its launch. We've lost count of the "Bitcoin killers" who've all sunk into oblivion, and no one remembers the names of these shitcoins. That's why, for years after the ICO boom, I haven't heard anyone attempting to claim such a title. After all, everyone now knows that this new cryptocurrency will receive a wave of hate from Bitcoiners for attempting such a comparison. And it will be justified.

You know, I like to compare Bitcoin to an airplane project that had essentially one chance of successfully taking off after the design stage. And Bitcoin achieved this thanks to Nakamoto's genius. I can't imagine how anyone could have thought through every detail of their brainchild so meticulously.

[Gost ms]

I would add that what makes Bitcoin so special is that it's not just a scarce resource or something that's decentralized. It's also predictable. No one should have to trust a company to decide on the number of Bitcoins that can exist. Or employ a monetary policy when it is convenient. The network's consensus rules implement the supply schedule. And it can be verified by anyone independently. Unlike entrusting a bank or company to maintain the value and rules of a monetary system. The predictability of course. Does not eliminate price volatility or risks at the user level. But it does provide a unique quality to Bitcoin's money.

For me, one thing that I particularly find really intriguing about Bitcoin is the certainty built into its monetary system. The fact that its rules isn’t in any way tied to any financial system or even dependent on the government, bank or company, I mean it’s just so fascinating how anyone can just independently verify how the system works. And this transparency in the system has also created a high degree of trust amongst its users. Yes, Bitcoin price is indeed very volatile, but the fact that its monetary policy is actually quite predictable kinda makes it fundamentally different from the centralized and traditional monetary system.

Yes, everyone is so interested in Bitcoin because of this financial freedom and security of Bitcoin, especially if someone tells me, I will definitely tell this picture. Because through Bitcoin, our money is not from any third party or second party or none of them have any hands. Bitcoin is the strongest in terms of security. One of the ways to protect ourselves from inflation is Bitcoin, etc., everything has attracted us towards Bitcoin.

Currently, we are seeing a lot of bank corruption. Many people are keeping money in banks but they are not able to withdraw that amount of money. If we keep our money in Bitcoin, then we will never face such corruption.

[BitBakerr1]

I would add that what makes Bitcoin so special is that it's not just a scarce resource or something that's decentralized. It's also predictable. No one should have to trust a company to decide on the number of Bitcoins that can exist. Or employ a monetary policy when it is convenient. The network's consensus rules implement the supply schedule. And it can be verified by anyone independently. Unlike entrusting a bank or company to maintain the value and rules of a monetary system. The predictability of course. Does not eliminate price volatility or risks at the user level. But it does provide a unique quality to Bitcoin's money.

For me, one thing that I particularly find really intriguing about Bitcoin is the certainty built into its monetary system. The fact that its rules isn’t in any way tied to any financial system or even dependent on the government, bank or company, I mean it’s just so fascinating how anyone can just independently verify how the system works. And this transparency in the system has also created a high degree of trust amongst its users. Yes, Bitcoin price is indeed very volatile, but the fact that its monetary policy is actually quite predictable kinda makes it fundamentally different from the centralized and traditional monetary system.

The fact that bitcoin is not controlled by anyone or by the government is one thing that makes bitcoin so special and again being able to observe and predict how bitcoin will be in years to come is one thing that is actually in every other cryptocurrency.
The prediction that you may make on how bitcoin will perform in the future may be wrong because no one knows exactly what will happen to bitcoin in years to come same thing goes to other cryptocurrencies even though they have or are been controlled by some set of people, in come cases even them really don’t know how it will perform in years to come.
But every being able to independently verify how the system works is actually the difference between bitcoin and other cryptocurrencies.

[SeriouslyGiveaway]

The fact that bitcoin is not controlled by anyone or by the government is one thing that makes bitcoin so special and again being able to observe and predict how bitcoin will be in years to come is one thing that is actually in every other cryptocurrency.

Governments so far have not controlled Bitcoin and they will not be able to control the blockchain in the future too, it's very important. It's big difference with altcoins which are not controlled by governments now but if they want, they can do it anytime in the future.

Governments don't need to control Ethereum blockchain, Binance Smart Chain to freeze stablecoins that are considered as belong to criminals. They can make a legal request to stablecoin companies, and ask these companies to freeze stablecoins in specific addresses.

With Bitcoin, they can not do that, and no company can freeze bitcoins stored in non custodial wallets of any other companies or people.

[L E G E N D A R Y]

The fact that bitcoin is not controlled by anyone or by the government is one thing that makes bitcoin so special and again being able to observe and predict how bitcoin will be in years to come is one thing that is actually in every other cryptocurrency.
The prediction that you may make on how bitcoin will perform in the future may be wrong because no one knows exactly what will happen to bitcoin in years to come same thing goes to other cryptocurrencies even though they have or are been controlled by some set of people, in come cases even them really don’t know how it will perform in years to come.
But every being able to independently verify how the system works is actually the difference between bitcoin and other cryptocurrencies.

You see, predicting the future of Bitcoin is probably less important than understanding what can be verified today. It’s very possible for a person to completely predict the price wrong, but understanding the rules, supply, transactions and the potential risks involved helps them to make decisions based on facts and not just someone’s confidence or feelings about the future.

[uche6215]

Apart from the fact that it has a resilient cryptographic security system and that it can be used by anyone anywhere anytime with an internet connection without any other third party acting as an intermediary, thanks to its decentralization set up.. For me, what really makes Bitcoin very special is that it helps shifts one mindset to focus more on generating generational wealth instead of instant and short term gains.

[Grease5000]

What I find interesting about bitcoin is that you don't have to depend completely on a bank to own it.

You can buy bitcoin, keep it in your own wallet and learn how to protect it yourself. I also like the fact that the supply is limited so nobody can just decide to create more whenever they want.

Though I am still learning about bitcoin, but I think the combination of limited supply and having control over your own money is what makes it special to me.

[AYOBA]

The fact that Bitcoin itself can't be recreated and have the kind of love and support from people make it special. All the fork coins that were created out of Bitcoin are dead, the new created coins to be like or better than Bitcoin are dead and if anyone attempted to create another one will end up the same faith, there is no asset that has this kind of love anywhere.

If you see a person hating on Bitcoin, he is doing so from hatred or because they couldn't bought when the price was low and it's paining them.

That’s just the fact about Bitcoin even though anyone make attempts to recreate Bitcoin I don’t think it can be standard and have values like the first bitcoin. Because if take look at the Bitcoin it has been a while since it was created and up to day it doesn’t look like something that will lose value, and that’s why Bitcoin has so much support and the same been special to each an everyone.