Reasons why bitcoin is better than fiat currency:
1/8
#Bitcoin is a decentralized network, meaning it operates without a central authority. It's not controlled by any government or central authority, which means that it's also not possible for governments to censor or sanction.
2/8
Bitcoin has a fixed supply of #21million coins, which makes it a deflationary currency, meaning it's resistant to inflation. It's #soundmoney more precisely the hardest money in the world!
3/8
As bitcoin is a #digitalcurrency it can be accessed from anywhere in the world as long as you have an internet connection. That makes bitcoin a borderless and permissionless currency that can be used by everyone.
4/8
Bitcoin is a medium of exchange, enabling #peertopeer transactions without the need for intermediaries. It provides a level of financial #sovereignty to individuals and transact freely.
5/8
Bitcoin transactions are #pseudonymous, providing a level of #privacy. If you use it right it's almost impossible to connect your stack with you.
6/8
Bitcoin is a #storeofvalue, as its supply is #limited and predictable. A #consensus of the entire network is needed to change the rules. This makes it the perfect tool to protect assets from inflation and economic instability.
7/8
In the worst case it is possible to cross any border with #12words in your head . The bitcoins are stored in the #blockchain and the words are your key to access them at any time, making it the hardest to steal asset.
8/8
If you #studyBitcoin, you will notice that your #timepreference lowers. You start to use #money much more aware and focused, as it keeps its #value.
