Bitcoin is different from everything that came before

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·@dowbitcoin·
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Bitcoin is different from everything that came before
Bitcoin is different from anything else thanks to the blockchain technology that powers it. It is also treated differently from other types of currencies and products because, in reality, we are still not sure what it is. That leads to great instability.

The original idea during the launch of Bitcoin was a version of the money you could send to anyone around the world: cash on the internet. However, because the value of Bitcoin increased dramatically and because each transaction requires a computer with enough power (and a lot of power) to process it, it does not work very well as a way to spend money. That created an uncertainty around the cryptocurrency, which leads to rapid changes in its value.

Unlike other types of investments, such as stocks or gold, the Bitcoin trade never stops. There are no market hours. Instead, you have 24x7 transactions, which means that there can be more fluctuations in the value of Bitcoin and, in general, less stability day by day.
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