Why Bitcoin Is Better Than Other Currencies


SUBMITTED BY: killorsavedemall

DATE: June 8, 2017, 8:02 p.m.

FORMAT: Text only

SIZE: 869 Bytes

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  1. I do not see what differentiates other currencies with Bitcoin me, even that one can lose money due to price changes.
  2. Since most businesses that accept Bitcoin give a higher price, saying that most people do not see the exchange rate before buying.
  3. I know that the advantage of Bitcoin is that everyone can use it, it has quite fast transactions, and often very low cost.
  4. So, I want to know why Bitcoin is better than other currencies?
  5. It depends on your technical definition of what is better because of what reasons, but Bitcoin is better for producers because of the seller security due to the lack of charge-back capabilities, however, it does take a somewhat long time to confirm the blocks and get the transactions to start being confirmed so that they won't be tampered with.
  6. It all comes down to pros and cons that have been listed multiple times before.

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