Bitcoin

Bitcoin Highlights

The advantages of Bitcoin that should be known in advance

Decentralized: No banks, no government controls

There is no central bank or government regulation.

Original Money (Fiat)Like baht, dollar, euro is regulated by the government and central banks → print increments, set interest rates, control the amount of money in the system.
BitcoinThere is no central organization that issues or controls it. Every transaction is carried out on a blockchain network that users around the world help each other monitor.
It means that no one can “order stop/flat/print more” at will.

Anti-Inflation

Common currencies (baht, dollars, euros, etc.), governments and central banks can print unlimited additions.

When printing too much, the value of money decreases → Inflation occurs.

Bitcoin is coded to make it clear that it can only be $21 million onlyCan't add more

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Maximum number $21 millionis written in the protocol (the code of Bitcoin)

Anyone can check. Nobody can fix it.

Ensuring the holder that there will be no “arbitrary increase in volume.”

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Fast

Transfer across countries in minutes. No waiting 1—3 days like banking or SWIFT.

Works 24 hours a day, no days off

Secured

Use technology BlockchainAdvanced Encryption → Hard to Forge

Every transaction is checked by nodes around the world, making it virtually impossible to cheat or reverse transactions.

Low Cost

Lower transfer fees than international banking systems (such as Western Union or SWIFT)
Especially when transferring large amounts, Bitcoin fees are often much cheaper.

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