$BTC ($USDC):
Bitcoin ($BTC ):
* Decentralized digital currency: not controlled by any central entity, and based on blockchain technology.
* Scarce currency: there are a limited number of them, which makes them subject to significant fluctuations in value.
* Multiple uses: used as a medium of exchange, as a long-term investment, and as a means of hedging against inflation.
(usdc):
Stable currency: pegged to the value of the US dollar, meaning that the value of USDT is approximately equal to one dollar.
Centralized currency: controlled by a private company, and backed by reserve assets.
Specific uses: mainly used in trading other digital currencies, and stores value more stably than bitcoin.
Key difference:
Stability: bitcoin is volatile, while usdc# is more stable.
Decentralization: bitcoin is decentralized, while usdc is centralized.
Use: btc is used as a currency and payment system, while usdc is mainly used in trading.
Why do people choose each currency?
btc: chosen by investors looking for big gains in the long term, and users who prefer decentralized currencies.
usdc: chosen by traders who want to avoid price fluctuations, and users who need a stable currency for exchange.
Important notes:
Regulation: The cryptocurrency market is subject to variable regulation, which may affect the value of the currencies.
