Topic: 5 Advantages of Bitcoin as a Virtual Currency You Need to Know Before Buying It (Read 97 times)

1. Bitcoin is not owned by any country

In Indonesia there is a Rupiah, in Japan there is a Yen and in Malaysia there is a Ringgit. This is the difference between Bitcoin from currency as above. This bitcoin is not owned by any country. this is also one of the factors why many people are interested in Bitcoin because this factor is obviously very profitable because there is no country that is responsible as the exchange rate is determined and the government is in charge of currency management.
2. High Demand
The second advantage or advantage of Bitcoin is high demand. This is evident from 2011 to 2013 and currently the interest of the people of bitcoin continues to increase and its value is also the same.
If in the past, the selling value of 1 Bitcoin or BTC was only around 13 USD, now the price of 1 Bitcoin has been hundreds of millions. If you have known and invested Bitcoin from the past year, maybe now you have become a millionaire
3. Bitcoin is developed with idealism
In addition to the 2 things above, another advantage of Bitcoin is its development with Idealism. In a sense, the government does not interfere in trading Bitcoin. With this, it is clear that you alone must analyze the Bitcoin currency. So you who have Bitcoin can develop it themselves in the market.
4. Bitcoin is safer than physical currency
Actually, in terms of security, Bitcoin is not only superior, but also has its own weaknesses. Bitcoin has more value in terms of security because of its virtual form where there is no such thing as counterfeiting because it does not have a form, unlike a currency in physical form which is certainly quite a lot that might be fake
5. Bitcoin is a Global Currency
If you are an Indonesian, of course the money you have is Rupiah and if you want to use it in another country, you must first exchange it for transaction needs. this does not happen to Bitcoin which is a global currency where almost all countries have it so that it can be easier to use it for transactions.