Glossary entry (derived from question below)
English term or phrase:
One can argue that Bitcoin's
Persian (Farsi) translation:
میتوان اینگونه استدلال کرد که
- The asker opted for community grading. The question was closed on 2022-02-07 13:54:19 based on peer agreement (or, if there were too few peer comments, asker preference.)
Feb 4, 2022 10:03
2 yrs ago
11 viewers *
English term
One can argue that Bitcoin's
English to Persian (Farsi)
Bus/Financial
Finance (general)
Bitcoin
Why Do Bitcoins Have Value?
Bitcoin (BTCUSD) is often referred to as digital currency and as an alternative to central bank-controlled fiat money. However, the latter is valuable because it is issued by a monetary authority and is widely used in an economy. Bitcoin's network is decentralized, and the cryptocurrency is not used much in retail transactions.
One can argue that Bitcoin's value is similar to that of precious metals. Both are limited in quantity and have select use cases. Precious metals like gold are used in industrial applications, while Bitcoin's underlying technology, the blockchain, has some applications across the financial services industries. Bitcoin's digital provenance means that it might even serve as a medium for retail transactions one day.
Bitcoin (BTCUSD) is often referred to as digital currency and as an alternative to central bank-controlled fiat money. However, the latter is valuable because it is issued by a monetary authority and is widely used in an economy. Bitcoin's network is decentralized, and the cryptocurrency is not used much in retail transactions.
One can argue that Bitcoin's value is similar to that of precious metals. Both are limited in quantity and have select use cases. Precious metals like gold are used in industrial applications, while Bitcoin's underlying technology, the blockchain, has some applications across the financial services industries. Bitcoin's digital provenance means that it might even serve as a medium for retail transactions one day.
Proposed translations
(Persian (Farsi))
5 +1 | میتوان اینگونه استدلال کرد که | Zeynab Tajik |
5 +1 | می توان استدلال کرد که ارزش بیت کوین | maryam moghimi (X) |
Proposed translations
+1
1 min
Selected
میتوان اینگونه استدلال کرد که
.
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Comment: "Selected automatically based on peer agreement."
+1
10 mins
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