Since its inception in 2009, BTC has become a breakthrough alternative to classic financial models. Unlike traditional money, which is regulated by states and banks, Bitcoin offers a secure, decentralized system of money exchange. Let's talk about the main advantages of the largest cryptocurrency over classic money. Detailed information on the topic Live Dealers crypto can be found on the portal.

Bitcoin operates on the basis of blockchain - a specialized database, it does not depend on any central authority. Unlike traditional funds, the issue of which is controlled by state banks, Bitcoin is issued according to a predetermined plan with a limited amount. This eliminates the risk of depreciation due to excessive money emission.

Traditional bank transfers, especially international ones, can take several days and are accompanied by high costs. BTC transfers are processed faster (especially in the Lightning protocol), and the costs for transfers are much lower than in traditional payment systems. Bitcoin is not tied to the jurisdiction of any state and is available to every user with Internet access. This is especially important for citizens of countries with a bad economy, in which federal currencies are subject to restrictions.

All bitcoin transactions are recorded in an open database, which ensures a high degree of transparency. Plus, users remain anonymous, because transactions do not require disclosing personal information, as in classic systems. Thanks to its cryptography and decentralized structure, BTC is resistant to censorship.

Traditional monetary transactions require banks, payment systems, and other organizations, which increases the time and cost of transactions. BTC provides the ability to transfer value directly between holders, reducing the involvement of third parties. Unlike bank accounts, which can be blocked by order of the authorities, Bitcoin wallets are managed exclusively by their owners. When used correctly (for example, in special wallets), Bitcoin is almost impossible to block.