#COSSocialFiRevolution "Hamster Feed: Why Bitcoin Wins Against Government issued currency"

Introduction

In the domain of money, a tranquil upheaval is in progress. Bitcoin, the spearheading digital currency, is testing customary government issued currency. This "hamster feed" will investigate why Bitcoin is ready to win.

$BTC

Government issued currency's Flaws

1. Inflation: National banks print cash, degrading money.

2. Control: Legislatures control markets, limiting opportunity.

3. Counterfeiting: Counterfeit cash sabotages trust.

4. Borderless limitations: Fiat battles with global exchanges.#GaryGenslerResignation

Bitcoin's Advantages

1. Limited supply: 21 million cap forestalls expansion.

2. Decentralized: No single substance controls Bitcoin.

3. Security: Cryptographic encryption safeguards exchanges.

4. Borderless: Consistent worldwide exchanges.#JoblessClaimsLowestApril

5. Transparency: Public record guarantees responsibility.#EyesOnBTC

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Key Statistics

- 70% of world's national banks investigate advanced monetary forms.

- Bitcoin's market cap surpasses $1 trillion.

- 100 million+ Bitcoin wallets made.

Conclusion

Bitcoin's decentralized, secure, and straightforward nature positions it to surpass government issued currency. As the world movements towards advanced monetary standards, Bitcoin's benefits will impel it forward.

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Extra Resources

- "The Bitcoin Standard" by Saifedean Ammous

- "Bitcoin: A Shared Electronic Money Framework" by Satoshi Nakamoto

- Coindesk, CoinTelegraph, and (connect inaccessible) for news and experiences

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