Decentralization: Bitcoin operates on a decentralized network, meaning it is not controlled by any central authority like a government or a financial institution. This gives users more control over their funds and reduces the risk of government interference or censorship.

Advantages of Bitcoin as compared to traditional currencies.

Borderless Transactions: Bitcoin transactions can be conducted globally without the need for intermediaries like banks. This makes it easier and faster to send and receive money across borders.

Lower Transaction Fees: Bitcoin transactions often have lower fees compared to traditional financial services, especially for international transfers.

Limited Supply: Bitcoin has a capped supply of 21 million coins, making it a deflationary asset and potentially a hedge against inflation.

Pseudonymity: While Bitcoin transactions are recorded on the blockchain, users' identities are not directly tied to their wallets, providing a certain level of privacy.

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