$BTC vs Fiat: Simple Differences
1. Form & Shape
Fiat: Physical money like Rupiah, Dollar.
Bitcoin (BTC): Digital, exists only on the internet.
2. Control & Issuer
Fiat: Controlled by the government and central banks.
$BTC : Not controlled by anyone (decentralized).
3. Quantity
Fiat: Can be printed continuously.
BTC: Limited supply, only 21 million.
4. Transactions
Fiat: Through banks or digital wallet applications.
BTC: Through the blockchain network, without intermediaries.
5. Value
Fiat: Can decrease due to inflation.
BTC: Tends to increase due to scarcity.
6. Security
Fiat: Can be counterfeited, hacked from accounts.
BTC: Secure if the private key is kept safe.