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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 3662 times)

Offline chayskie04

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Why Bitcoin is Different From Other Currencies?
« on: June 18, 2018, 05:02:19 PM »
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. Knowing to this reason they are different from other currencies.

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Why Bitcoin is Different From Other Currencies?
« on: June 18, 2018, 05:02:19 PM »

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #1 on: June 18, 2018, 06:21:50 PM »
The unique creation of bitcoin dev and the unbelievable idea was amazing. Only the intelligence people can fathoms the entire system of bitcoin and its rotation in crypto as the market flows.
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Offline linkdefeu

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #2 on: June 18, 2018, 11:27:15 PM »
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. Knowing to this reason they are different from other currencies.

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Offline Miftakhul

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #3 on: June 19, 2018, 02:11:00 PM »
kaname bitcoin different from other currencies, because bitcoin currency is the currency in the existing guan on the internet there is nominal but not any shape, if other currencies, there is nominal there is a form that I know .
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Re: Why Bitcoin is Different From Other Currencies?
« Reply #4 on: June 20, 2018, 12:30:36 PM »
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. Knowing to this reason they are different from other currencies.

What do you mean from other currencies? Do you mean different from fiat currencies? If so the most common reason is because Bitcoin is a digital currency in which don't have a physical form or invincible money but for the specific explanation it is because it was a decentralize in which the government could not determine the users identities and transactions unlike fiat currencies in which it can now be fully detected in any civilized country thru money laundering law in which they could easily detect who are the users.

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #5 on: June 20, 2018, 12:35:42 PM »
Bitcoin is different in terms of being the old coin ever in crypto. Secondandly, the value is too far than any altcoins. Nothing more to follow if I'm not mistaken.
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Offline felixesteban

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #6 on: June 23, 2018, 10:36:30 PM »
It has no property other than being the first launched coin, and we have to add that it is essentially inadequate as a technology from many new cryptos. But as a crypto, it is the most widely known in the world and because of this feature will always remain in the market.
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Re: Why Bitcoin is Different From Other Currencies?
« Reply #6 on: June 23, 2018, 10:36:30 PM »


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Re: Why Bitcoin is Different From Other Currencies?
« Reply #7 on: June 24, 2018, 08:08:09 AM »
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.Knowing to this reason they are different from other currencies.Only the intelligent people can fathoms the entire system of bitcoin and its rotation in crypto as the market flows.
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Offline flyaccount

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #8 on: September 18, 2018, 06:13:27 AM »
Bitcoin is one of the pioneers of digital currency that is currently being copied by many people. Although it has technology that is almost the same as other coins (altcoins), the value of bitcoin is much higher. The trust of people investing in bitcoin is also very high.
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Offline pationex

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #9 on: October 27, 2018, 09:46:07 AM »
@flyaccount, I think so. Even though there are many new altcoins with better technology, but that won't be able to match bitcoin because bitcoin is a powerful coin and has an influence on all altcoins.

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #10 on: October 27, 2018, 11:06:07 AM »
I think also the bitcion is more better than the other cions its because the bitcion is a digital currency and it's hardly to detect it

Offline yousufatik

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #11 on: October 27, 2018, 12:02:11 PM »
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. Knowing to this reason they are different from other currencies.
Because bitcoin have the safety feature and the most convenient way to use all over the world. Safety because you will just bring your username and password which are already safely stored in your mind that nobody can steal it to you unlike bringing money on the streets in which there is possibility that it might steal it or loss it.Then about convenience of course it is more convenient to use it anywhere and anytime even in case of emergency because all the time you are bringing your bitcoin account and ready to use.

Offline mamun777

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #12 on: October 27, 2018, 12:09:28 PM »
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. Knowing to this reason they are different from other currencies.
all you mentioned are the bitcoin characteristic has, and thats the differences of bitcoin from those other currency that already exist before. having bitcoin for now are more valuable in the future unlike the other printed currency has, printed currency are takes a lot of time to become more valuable or maybe its not work well to has a big value in the future, while this bitcoin is our newly and most advance digital currency to be use asides of being use as a payment method but you can also use this bitcoin as a long term investment project to earn more or become had more value in the future than printed currency has not.

Offline bdsharminsoltana

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #13 on: October 27, 2018, 12:20:23 PM »
Bitcoin is different from other currencies because it is the first currency ever to reach that high value. No one  imagined the progress that bitcoin will make when it was created. Bitcoin is defenetly one of this century's phenomens because it will start changing the world economical map soon and it made lots of people reconsiderate their thought about cryptocurrencies.

Offline kamal420

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Re: Why Bitcoin is Different From Other Currencies?
« Reply #14 on: October 27, 2018, 12:30:21 PM »
Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009. It is created electronically and impossible to control it. This currency is not printed currency like dollars or euros. Running computer all around the world are producing it. Knowing to this reason they are different from other currencies.
Cryptocurrencies are a lot better than fiat especially that the number of online transactions is getting higher as our society approach a more technology dependent economy. in that type of market, cryptocurrency is more practical and efficient since there are no other layers that slow down the transaction. Hopefully, in the next years, everyone else will realize this a start using it.
l

 

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