As there are not many arguments why Bitcoin is a better store of value or unit of account
than fiat currencies like euros or dollars, it is obvious that as a method of payment Bitcoin is superior to fiat currencies, due to lower costs, nearly perfect divisibility and social inclusion to name but a few.
Cryptocurrency is supposed to be much safer
than fiat currency like dollars or pesos because blockchain tokens are harder to steal.
Not exact matches
Because it is fundamentally more secure and efficient
than trust - based
fiat currencies, it can be used in ways they can't,
like nearly zero - cost international remittences, or anonymous payments on the internet from one user to another.
As such, higher interest rates tend to make
fiat currencies like the U.S. dollar appear more attractive to investors
than gold or silver.
Now more
than ever its value is affected by things
like fiat currency inflation, purchasing power, per capita income, you name it.
In this way, Bitcoin is more
like gold
than fiat currency.
Bitcoin has outpaced every single nation - state issued
fiat currency by miles and continues to perform better
than commodities
like precious metals.