Bitcoin is a new kind of money. It's the first decentralized electronic currency not controlled by a single organization or government Bitcoin has a range of features that makes it superior to normal money,
1) Easy: You can send bitcoin from your computer, tablet, smart phone or other device, to anyone, anywhere in the world, day or night.
2) Secure: Bitcoin verifies transactions with the same state-of-the-art encryption that is used in military and government applications.
3) Open: Bitcoin is open-source. Nobody owns it; the most popular client is maintained by a community of open-source developers.
4) Fair: Using the Bitcoin network is free, except for a voluntary fee you can use to speed up transaction processing.
These features make sure that bitcoin is more efficient than normal, physical money. Since there will be a limited amount of bitcoin, 21 million to be precise, they will be worth a lot of money if they are adopted on a global scale. Even if bitcoins are just used as a speculative store of value, like gold or silver the value of each bitcoin will increase drastically in the coming years.
-- transition to broad conception of bitcoin--
--transition to bitshares x--
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