According to strategist and vice president of DBS Bank Daryl Ho, Bitcoin has a number of advantages over traditional currencies.
According to him, transactions on the BTC network can be made continuously and without the need for approval from any regulatory authorities.
He has emphasized that independence is the main advantage of Bitcoin. It is not subordinate to states, and such an instrument has never been in history before. Fiat currencies, on the other hand, are managed by central banks, and payment systems check every transaction and may reject it.
The crypto market can attract liquidity 24/7. Ho has acknowledged Bitcoin is a volatile asset, but its attractiveness is still growing.
