How Bitcoin is Redefining the Concept of Money? ...Middle East

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In the rapidly evolving digital age, Bitcoin is revolutionizing our understanding of money. This cryptocurrency’s unique features challenge traditional financial paradigms. Digital and Borderless In the realm of traditional finance, currencies are tied to specific countries or regions, each governed by its own set of rules and regulations. This localization of currency creates a complex web of exchange rates, international transfer fees, and regulatory hurdles that can be both time-consuming and costly. Bitcoin, by contrast, operates on a universal platform, the blockchain, which knows no borders. Its transactions are uniform, regardless of whether the parties involved are in the sam

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Last updated : 27 January 2024 clock 04:45 PM

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How Bitcoin is Redefining the Concept of Money? ...Middle East

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