Why is Bitcoin better than fiat currency?

   2021-03-18 08:03

I paid N1,000 as ‘gate fee’ every time I visit my late brother in SARS cell Well, Bitcoin is a virtual currency. It’s an exchange medium that people use to complete digital transactions. However, people’s interest in this cryptocurrency has grown over the recent past globally. As such, it’s crucial to understand why this cryptocurrency is gaining increasing popularity. Just like the other cryptocurrencies, encrypted cryptographic algorithms are the basis of Bitcoin. Essentially, Bitcoin uses a t…




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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin62,042 0.01 % 1.96 % 6.85 %
Ethereum2,444.5 0.77 % 3.53 % 17.45 %
Binance Coin517.49 0.51 % 4.69 % 23.76 %
XRP1.620 2.27 % 10.20 % 53.77 %
Dogecoin0.3733 5.64 % 112.07 % 505.21 %
Tether1.000 0.00 % 0.07 % 0.12 %
Cardano1.420 1.03 % 3.71 % 15.47 %
Polkadot42.00 0.47 % 4.58 % 1.42 %
Litecoin309.49 0.71 % 7.75 % 36.69 %
Bitcoin Cash1,099.4 0.64 % 26.26 % 71.04 %
Uniswap36.99 0.27 % 3.00 % 22.48 %
Chainlink42.16 0.52 % 0.97 % 28.77 %
VeChain0.2049 1.69 % 9.83 % 72.04 %
Theta Network13.93 0.63 % 11.39 % 7.97 %
Stellar0.6077 2.15 % 5.64 % 20.95 %
Filecoin183.19 0.04 % 6.91 % 18.37 %
USD Coin0.9984 0.11 % 0.08 % 0.29 %
TRON0.1630 0.21 % 0.80 % 31.58 %
Wrapped Bitcoin61,828 0.20 % 2.44 % 6.29 %
EOS8.560 1.41 % 9.05 % 33.05 %