bitcoin trading and its potential is one of the reasons for the constant growth of Bitcoin against fiat currencies and a key feature of BTC. Here are some other differences between “virtual” Bitcoin and ordinary money: The form. Bitcoin is an electronic currency that has no material appearance. There are physical “coins” with a QR code or coin drives, where BTC is stored. However, they can not be called money in the truest sense of the word. We can say that Bitcoin is a set of numbers generated by the algorithm. Not a paper bill or metal coin. Cost The rate of fiat currency directly depends on the economic and political development of the country or confederation to which it is attached. In fact, the money of more than 100 countries of the world is tightly bound to the dollar. The cost of bitcoin is determined by demand and is not directly dependent on economic processes (although it is indirectly related). 68977
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