Bitcoin Versus Government Money: One is Clearly Superior

[Tanimariya]

An easy way to send money faster and faster is to trade in Bitcoin. Bitcoin is one of the members of the blockchain and has a place above all. Because people use this blockchain technology to do bitcoin transactions. The government of any country does not receive any tax from bitcoin due to bitcoin transactions. This could be one of the transactions. There is a huge demand for it worldwide.

[Lorix]

Bitcoin is one of the largest and most popular members of blockchain technology. As Bitcoin ranks at the top in terms of popularity, everyone believes in trading in Bitcoin. Bitcoin transactions are increasing day by day. Because different businesses have started to transact. So there is a possibility that Bitcoin may become very valuable in the days ahead. So I think a universal currency.

[sky20]

1 bitcoin is equal $10000 so it is very high and valuable better then gold or anything in the world. But if we compare with government money which is better  then what will you say? Definitely government money. Because it is authentic and permitted so government money is the biggest in the world i think.   

[Senin]

Even if it is not Bitcoin, the superiority of blockchain technology has now been accepted by the governments and started to be used in many areas.

yes It is true mate. The Government at several countries have accepted Blockchain technology and started to be used in many areas. Digital currency is the future technology, I think It will be more popular and be needed at the coming future. I believed about it

Blockchain technology, in my opinion, is recognized by absolutely all governments.  In any case, there was no information that any government does not accept this technology and is not going to use it.  When it comes to fiat money and cryptocurrency, one cannot be said to be better than the other.  They complement each other's capabilities.  In any case, fiat money can exist on its own, and I'm not sure about cryptocurrency.

[damsix]

Why should we hate the government?
Why should we be enemies with the government?

Maybe it would be better if we should follow government regulations because they are the ones who really understand the condition of their citizens.
But the government should also pave the way for cryptocurrency because if the road is prohibited, then it is only natural that the cryptocurrency community hates the government.

[sampoerna]

actually, the government always has its power to control everything. They may not be able to control Bitcoin. But they can control the people who use Bitcoin by illegalizing BTC in their country, make strict rules and regulations about the punishment and law of using BTC. But no worry, nowadays, many governments are accepting Bitcoin and also crypto. SO, we can be still happy about it.

[Cristiano]

Even if it is not Bitcoin, the superiority of blockchain technology has now been accepted by the governments and started to be used in many areas.

You are absolutely right.  Governments in several countries have already begun supporting blockchain technology.  They have already started using it in various sectors. They have completely trusted the cryptocurrency. The governments of different countries can now develop the country through cryptocurrency.  This is an important issue for us. If all countries in the world support blockchain, then there will be no unemployment in any country in the world.  All will gain recognition as developing countries.

[Hamida]

It is not fair, if government will against bitcoin. I think government should addopt bitcoin technology.

[I-Bit]

Money and power. two things that will always be in one line. However, if it is about cryptocurrency, I think that money actually will role it easier. However, sometimes, government with that power and also benefits, they may also be afraid of the existence of the crypto. SO, the government may have bigger power to control the existence of the crypto in the country, but not the whole world.

[Trumpet]

I don't say a clearly in this topic because I am a new boy in the forum. But I am try a lot of m learning to senior  member post. I hope in this forum senior member are discuss in this matter.

[dekafee79]

Good question.
Bitcoin versus government money.
I think bitcoin will be superior. It will happen at the coming future.
Bitcoin is so popular and high demand now. I see many people already invested in bitcoin. They believed bitcoin will give profit and more valuable at the coming future. let's see.

[robert20]

Bitcoin is clearly superior than Government money as it is decentralized means no one have full power. We have full control over our money. One day all countries will accept crypto. They will also make their own crypto as a payment system.

[Emircan]

If you’re new to thinking about money, welcome. It’s a vast, broad subject, and one that repays upon consideration and review. Chances are you’ve given the subject more thought these days due to wild cryptocurrency price speculation news. And it is thrilling. To think you’re able to invest in a digital asset at any stage, in full or fractions, and ride its swings can fill our heads with dreams of wealth accumulation. And if that’s the spark causing you to click over here, awesome. You should also begin to learn just why this bitcoin thing, this crypto thing, this brave new world is maybe even more important than typical manias or get-rich-quick schemes.





It doesn’t take long to learn a truism: government money loses value over time. Empirically, you know this. You don’t have to carry a Nobel in economics to understand most products you purchased only a short time ago are more expensive. You’ve noticed, but, well, what can be done? It’s probably natural. It’s probably the way of things. Can’t be helped for some strange reason. A candy bar I paid for two years ago costs 25 cents more today. Meh, it’s not that big of a hit



reference: https://news.bitcoin.com/bitcoin-versus-government-money/

I also think that the currency devalues every year and investing in cryptocurrency is always risky but the profit it brings to us is much larger, I hope you should rethink between gold and electronic money

[gqinyot]

Bitcoin is clearly superior than Government money as it is decentralized means no one have full power. We have full control over our money. One day all countries will accept crypto. They will also make their own crypto as a payment system.

I believe there will be a cryptocurrency leader and it will gradually replace the money circulating in their country and beyond there will be a common currency that the whole world uses it.

[msz900]

I believe there will be a cryptocurrency leader and it will gradually replace the money circulating in their country and beyond there will be a common currency that the whole world uses it.

Bitcoin and the Fait have their own place and non of them will be able to replace each other. The fact is that Bitcoin is considered as a King of the Digitial money and Fait is demanded in the normal life like you will need it everywhere when you want/need to buy things.