According to Daryl Ho, strategist and vice president of DBS Bank, bitcoin has a number of advantages over traditional currencies.
He told reporters that transactions in the BTC network can be made continuously and without the need for approval from any regulatory authorities.
Independence is the main advantage of bitcoin. It is not subordinate to states, and there has never been such an instrument before in history, the expert stressed. Fiat currencies, on the other hand, are controlled by central banks, and payment systems check every transaction and can reject it.