🔆10 REASONS WHY BITCOIN IS GETTING ADOPTED FAST AND WHY IT IS BETTER THAN FIAT(PAPER MONEY)🔆

brany (37)in #bitcoin • 5 years ago

The best payment system.
Large amounts can be transferred within seconds with minimal delays to any part of the world.
Does not suffer inflation.
It's purchasing power increases with time, unlike paper money.
Scarce, it has a limited supply of 21,000,000 and has an inbuilt schedule of production encrypted within the Blockchain Technology. You can tell how many Bitcoins are in circulation today, tomorrow, 1 year from today, 10 years from today till the year 2140, when the last Bitcoin will be released.
1 Dollar can be share by 100 people each getting 1 cent. A Bitcoin can be shared by 100,000,000 people each getting 1 satoshi.
It can never be counterfeited, because of the very nature of the Blockchain Technology of network participants- distributed ledger.
The only currency that can be moved across borders without involvement of a third party.
As a protocol, it is backed by mathematics, therefore, cannot be hacked.
Decentralized - you don't need permission from anyone to buy, hold or transact, therefore cannot be stopped.
It is highly portable. It has no weight, smell or physical body. Money sometimes smells bad
It can be transacted anytime 24/7, 365 days a year online.