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Difference between money and bitcoin​

User Minras
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2 Answers

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19 votes

Bitcoin is a type of cryptocurrency, a digital currency. It is a virtual form of money and can be used to buy things. You can also transfer it from the bank. Bitcoin is related to currency, but it is not money.

Money is a currency that you keep in your wallet. Money is touchable as it can be held in your hands, unlike Bitcoin.

Money is a currency that you hold or keep with yourself. But Bitcoin is like a digital currency you cannot hold it. You can only store it on a computer.

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User Andras Vass
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10 votes

Answer:

control

Step-by-step explanation:

The main difference of Bitcoin from traditional currencies lies in the fact that no one controls Bitcoin as it is decentralized. It allows Bitcoin to be an independent peer-to-peer money system that can function regardless of anyone's wishes.

User Nkmol
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