Bitcoin is a new phenomenal innovation

[pakcoy]

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.

[pakcoy]

Bitcoin is a remarkable environment that allows for not only new ways of transacting but also fantastic innovation. At Blockchain, a web wallet and block explorer firm, we are part of an innovative ecosystem that is securing and transforming activity around the currency. The liberal nature of Bitcoin, an unregulated currency, allows for fast innovation and useful application.

[arwani kurama]

this is a motivation for a beginner like us, even though the process of our knowledge of the world of cripto is still limited I think bitcoin makes us pretty sure .

[bdsharminsoltana]

The innovation that Bitcoin is trying to offer is a reduction in production costs, because we know that making fiat currencies requires materials that are quite expensive to avoid and distinguish from counterfeit money. While bitcoin does not require any material to make it a currency, it only needs internet access and a #DevelopmentTeam .

[xeroz]

Bitcoin is a really great innovation for digital currency and transforming to be one of promising investments right now. It will attract more and more people around the world to learn and benefit from its advantages because the popularity is always growing day to day. Bitcoin may become one of the payment instrument globally at future. But it will not replace fiat, bitcoin and fiat will function together to make payment system more developed.     

[yousufatik]

For my own opinion I believe that bitcoin is a new phenomenal innovation. First innovation of a new currency. Then innovation of online payment system that improve or innovate our types of payment that honestly is very poor nowadays specially here in the Philippines specially in paying bills at taking government and legal documents like driver's license etc. It is also a big innovation in terms of investment. Before,we are investing at the banks who gave us a very small amount of interst every year but now we are already invest at bitcoin that you can get a big interest or income defend on your patience and hardwork.