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10 sats \ 1 reply \ @bkdoubleohseven 6 Jun 2023 freebie \ on: What makes Bitcoin unique from other Crypto currencies bitcoin
A good read: https://bitcoinmagazine.com/culture/what-makes-bitcoin-different-from-crypto
Long story short, BTC is different as:
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Bitcoin is a leaderless system of rules, not rulers
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Bitcoin Is actually decentralized (unlike many which just "look decentralized")
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Bitcoin Is censorship-resistant (like even if the government legally bans it, you can still use btc)
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Bitcoin Is seizure resistant (this is if you keep your pkey safe!)
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Bitcoin had a fair launch
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Bitcoin is issued based on proof-of-work (crypto like eth are based on proof-of-stake)
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Bitcoin is scarce
Hope that helps :)
Most definitely it does and elaborates more to all readers. Great contribution there
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