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Question

Why bitcoin is the future?


Answers (1)

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Arsalan Afzal
Jan 27, 2022 14:45:24

There are a number of reasons why Bitcoin is the future. Here are just a few: 1. Bitcoin is decentralized, meaning there is no single authority controlling it. This makes it far more secure than traditional currencies, which are controlled by centralized banks and governments. 2. Bitcoin transactions are irreversible, meaning they cannot be reversed or canceled. This makes them far more secure than traditional currency transactions, which can be reversed by banks and governments if they suspect fraud or illegal activity. 3. The total supply of bitcoins is fixed, meaning that there will never be more than 21 million bitcoins in circulation. This makes it far more stable and deflationary than traditional currencies, which can be inflated by central banks at will.

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