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ਬਿੱਟਕਾਇਨ vs ਆਮ ਪੈਸਾ – 7 ਵੱਡੇ ਫਰਕ! ਸੌਖੇ ਉਦਾਹਰਣਾਂ ਨਾਲ ਸਮਝਾਇਆ 🤯
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Bitcoin vs Regular Money (Fiat) – 7 Major Differences! Explained with Simple Examples 🤯
Hey everyone! In this video, we learned about the huge differences between Bitcoin and regular money (like Rupees, Dollars). As of today (December 22, 2025), Bitcoin's price is around $88,000 USD (it fluctuates a lot!). Let's break down the 7 big differences with easy examples:
Who Controls It?
Regular Money: Controlled by governments or central banks (like RBI in India). They can print as much as they want.
Bitcoin: No one controls it – it's decentralized, run by a global network of computers.
Example: During inflation, governments print more money (like in Zimbabwe, where prices skyrocketed). Bitcoin can't be printed endlessly.
Supply Limit (Why Bitcoin is Called "Digital Gold")?
Regular Money: Unlimited supply – governments can create more anytime.
Bitcoin: Fixed at only 21 million coins ever (about 19.9 million mined so far). This scarcity makes it like gold, but digital!
Example: Gold is valuable because it's rare and hard to mine more. Bitcoin's limit protects it from inflation, earning it the name "digital gold" – a store of value that holds or grows over time.
Sending Money Abroad (Remittances)
Regular Money: Slow (days to weeks) and expensive (5-10% fees via banks/Western Union).
Bitcoin: Fast (minutes to hours) and cheap (often under 1-2% fees), borderless, 24/7.
Example: Sending ₹10,000 to family in India from the US might cost ₹500-1,000 in fees and take 3-5 days. With Bitcoin, it's quicker and cheaper – no banks in between!
Transparency and Security
Regular Money: Transactions through banks – private but can be censored or frozen by authorities.
Bitcoin: All transactions public on the blockchain (anyone can verify), but wallets are pseudonymous. Super secure against hacking if you protect your keys.
Example: Bank accounts can be frozen by governments. Bitcoin is "seizable" only if you lose your private key – otherwise, it's yours forever.
Volatility (Price Changes)
Regular Money: Stable (small changes due to policies).
Bitcoin: Highly volatile – price can jump or drop 10-20% in a day.
Example: Rupee vs Dollar changes slowly. Bitcoin went from $60k to over $120k earlier in 2025, then dipped – great for gains, but risky!
Divisibility and Portability
Regular Money: Divisible (e.g., 1 Rupee = 100 Paise), but physical cash is bulky.
Bitcoin: Extremely divisible (1 BTC = 100 million Satoshis) and fully digital – carry millions in a phone wallet.
Example: Sending tiny amounts (like $1) abroad is costly with fiat. With Bitcoin, send any fraction easily, anywhere in the world instantly.
Backing and Acceptance
Regular Money: Backed by government trust and legal tender laws. Widely accepted everywhere.
Bitcoin: Backed by math/code and network security. Growing acceptance (e.g., companies like Tesla, countries like El Salvador), but not universal yet.
Example: You must accept Rupees in India by law. Bitcoin is voluntary – but more places (shops, ATMs) are adding it daily.