In my opinion, what is unique about Bitcoin is its deregulated nature it is neither controlled nor supervised by any commercial authority, government, or financial institution. Rather, a peer to peer network of users controls the creation and transfer of coins. Bitcoin’s independence from 3rd party intermediaries provides its users a highly desired level of privacy and convenience. Since its inception in 2008, Bitcoin has gradually gained traction around the world. While its early adopters consisted mostly of technology enthusiasts, libertarians, and cryptography experts, Bitcoin has slowly entered the mainstream consciousness. Good writing.