Today, let's talk about the most fundamental differences between Bitcoin and traditional money (RMB, US dollars) in "human language", as simple and clear as chatting 👇

🌍Difference 1: Who manages this money?

  • Traditional currency (RMB/USD):
    → There is a "big boss" in charge! For example, the People's Bank of China manages RMB, and the Federal Reserve manages USD.
    → The boss can print money if he wants, and if too much is issued, it may become "hair" (for example, pork prices have risen).
    → You pay with WeChat? In fact, the bank is keeping accounts behind the scenes!

  • Bitcoin:
    →No boss!Not managed by any country or bank.
    → The rules are written in the code:There are only 21 million in total(like a limited edition gold), and it's gone after it's mined!
    → You transfer Bitcoin? Computers of global netizens keep accounts together (called "blockchain"), and no one can cheat!

✅One-sentence summary:
Traditional money relies onnational credit(trust the government), Bitcoin relies onmathematical rules(trust the code)!


🎮Difference 2: How to "pay wages"? —Money issuance mechanism

  • Traditional currency:
    → The central bank holds a meeting: "The economy is not doing well? Print 10 trillion!" 💸
    → Result: More money, things get more expensive (inflation).

  • Bitcoin:
    →The program automatically "pays wages":

    1. Computer experts (miners) use graphics cards to "mine" → solve math problems to grab red envelopes.

    2. A "red envelope" is issued every 10 minutes, and whoever grabs it is rewarded with Bitcoin.

    3. The reward is halved every 4 years(It was just halved in 2024, and now you only get 3.125 coins if you grab a block).
      →Hard top! Finished mining in 2140, not one more, no inflation!

✅One-sentence summary:
Traditional money can beprinted infinitely, Bitcoin isdigital limited gold!

🔒Difference 3: Who to ask for help with transfers?

Scenario

Traditional currency

Bitcoin

You transfer money to a friend

Must go through an intermediary:
→ The bank checks your identity
→ WeChat/Alipay deducts handling fees
→ Cross-border transfers are slower and more expensive!

Direct peer-to-peer transfer:
→ No banks!
→ Global transfer fee is a few bucks
→ Arrives in seconds 24 hours a day (confirmation takes 10 minutes)

Can I regret it?

✅ Yes!
(Did the transfer go wrong? Contact customer service to get it back!)

❌ No way!
(If the transfer is wrong, it's lost, even gods can't save it!)

Privacy

❌ Banks know who you are and what you bought

✅ The address is garbled (like a nickname)
→ But all transactions are publicly searchable on the entire network!

💥Difference 4: Is the price stable?

  • Traditional currency:
    → Today 100 yuan can buy 5 cups of milk tea, next year it will probably buy 4.5 cups (slow depreciation).

  • Bitcoin:
    → Today 1 coin = 400,000 RMB, tomorrow it may become 350,000, and the day after tomorrow it will soar to 450,000...
    →Exciting as a roller coaster🎢! (Because there is no national support, it relies purely on market sentiment)

❤️ Ultimate difference: Who to trust?

When you use RMB, the essence istrusting that the country will not collapse;
When you use Bitcoin, the essence isbelieving that mathematics will not lie.

One relies onpower center(government/bank),
One relies oncode consensus(program + entire network computer).


💡 For example:

Traditional currency is likethe "game coins" issued by the government—the rules are set by the official, and the players must obey.
Bitcoin is likethe "points" recognized by the entire network—the rules are set by the code, players compete equally, and no one can tamper with it!

Got it? Simply put: Bitcoin is "folk mathematical currency", and traditional money is "official credit currency"! (Questions are welcome at any time～)#BTC