Ever since Satoshi dropped the Bitcoin protocol on the world, it’s changed how people transact and has expanded our basic understanding of mediums of exchange. Bitcoin is a better system than fiat, credit cards and traditional trading tools. The digital currency is a first class vehicle of exchange that is scarce, borderless, decentralized, open source, and so much more. Here’s why Bitcoin is better than the rest!
Bitcoin doesn’t charge an annual fee to use it. It doesn’t pillage merchants with its fees either like credit card organizations. Fees are merely a few cents and exponentially less than companies like Visa, Mastercard, Western Union, and Money Gram.
There is no Bitcoin CEO. No entity or individual controls the cryptocurrency. It is not issued by your local government or any officials. It is not tied to a company or corporation. It is a network of peer-to-peer transactions and computational consensus.