Topic: Advantage of BITCOIN - page 14. (Read 2928 times)
It also has the advantage of the payment. It looks so good when people are into bitcoin. I mean, there were a lot of people who doesn't want bitcoin in their lives. For they don't know that bitcoin might help them in every aspect as possible as long as it is inclined in bitcoin.
True, this is one of the best feature bitcoin has to offer although there are some people who would take advantage of this feature and would use it in a bad way. Buying illegal stuffs using bitcoin or other cryptocurrencies which are anonymous and untraceable. It is like an advantage but at the same time a disadvantage too.
Not just Bitcoin. Altcoin is also so. Maybe this is the advantage that can be utilized by people who are not responsible. Money laundering and illegal transactions can be done through a crypto currency. And we should avoid the act.
Bitcoin is the leader among the crypto currency and most people invest because they believe that the coin will grow in price, whereas a lot of altcoins simply disappear from the market..
Although bitcoin is not a fiat money, and it is not legal here, a bitcoin can change one's live in terms of we can earn big on it, bitcoin can use to exchange in country's money and use for daily expenses like utilities and leisure.
Easy to use in terms of transaction and we can get good moneys without any amount to invest, The investment method has an advantage to gain good moneys because thr fluctuations regulates immediately.
The bitcoin transactions are done over an encrypted network and all the data is encrypted before it is being sent on the network. The encryption promises secure transfer without the concerns about hacking or data leak.
With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time. You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money. You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
Fees to be paid for dealing with bitcoins are significantly lower than bank charges. In some cases, no fees are required at all. Saving money is not the last reason in favour of cryptocurrency amid the global financial crisis. However, If you want to send bitcoins somewhere or to receive them, neither location nor time matters any more. Since no intermediates are involved, you are absolutely free to send electronic cash at any moment and any place. Independence and freedom are the key characteristics of Bitcoin system.
Although bitcoin is not a fiat money, and it is not legal here, a bitcoin can change one's live in terms of we can earn big on it, bitcoin can use to exchange in country's money and use for daily expenses like utilities and leisure.
the profit I get from my trading investment. I collect and I save a bitcon gan. then I take for my daily needs. and Since I know the bitcoin world my economic life has become more stable. and there's still a lot I do with my bitcoin. plan i want to buy a car.
Bitcoin has a less transaction fees as compared to a bank to bank transactions. It also makes transactions easier and secure.
Fees is just a bit if you say about the potential about bitcoin. Most of the people coming to use the bitcoin for anonymous transaction mate. If you want to donate or help some one without sharing your information means this one is best option for that.
Even bitcoin can used to vanish the corruption. This is the issue many countries. If crypto currency payment has been made as legal and only one crypto public address has been provided to one firm means. Then there is no need of account for that department and it will be able to moniter easily and cannot able to do the scam too mate.
for us the benefits of bitcoin is huge for us, because we are investing in bitcoin with more ease we earn more income. so for me bitcoin is also profitable in the future with lots of revenue.
Bitcoin has a less transaction fees as compared to a bank to bank transactions. It also makes transactions easier and secure.
Yes, bitcoin biggest advantage is that transactions are 100% anonymous, no one can control them that means no one can cancel or approve a transaction. People dont have to show any identity card, email, or other information that could be stolen.
Regarding to people using bitcoin for buying illegal things on the internet. Bitcoin helps them only if they buy things online, I mean if they buy things that need to be delivered their identity will be revealed.
Regarding to people using bitcoin for buying illegal things on the internet. Bitcoin helps them only if they buy things online, I mean if they buy things that need to be delivered their identity will be revealed.
Bitcoin has a lot of advantages which includes fast transaction speed, Bitcoin is not tractable. Bitcoin is decentralized in such a way that no one has control or manipulate it.
Bitcoin advantage is that all coins value depend on it. Because it is the father of all altcoins. If the value of bitcoin goes done also other coins value decrease. It is also use for payment when you buy online gadgets and everything.
In bitcoin, you can transact easily and more convenient, the fees you need to pay are just low and the transaction is really fast. Also, your identity is while transacting, you will just need to give your bitcoin address and then the payment will be given to you. In any case, nobody quickly observes who is trading with whom. This additional layer of security is useful.
There are some advantages and disadvantages here on bitcoin, first the advantages of bitcoin is the price is not stable, if you buy at low cost or on low price and hold it for a moment, as what i've said price is not stable it will rise or fall, and if you're lucky. If it will rise sell your btc to earn profit, but the advantage of it you'll need to it for a couple of months or years, you can earn profit but not fast.
In bitcoin, you can transact easily and more convenient, the fees you need to pay are just low and the transaction is really fast. Also, your identity is while transacting, you will just need to give your bitcoin address and then the payment will be given to you. In any case, nobody quickly observes who is trading with whom. This additional layer of security is useful.
Yes, correct! In bitcoin, the transaction of payment is really fast and it will not give you so much time in processing any payment through technology by then many would be interested in this process that's why many of them actually investing through BTC.
In bitcoin, you can transact easily and more convenient, the fees you need to pay are just low and the transaction is really fast. Also, your identity is while transacting, you will just need to give your bitcoin address and then the payment will be given to you. In any case, nobody quickly observes who is trading with whom. This additional layer of security is useful.
Bitcoin is the world's first crypto currency. and certainly a lot of advantages of bitcoin. among others are
Decentralization - nobody is in control of your money, but you.
Transparency - every transaction is transparent, you can see it in the ledger
Easy Moves - You can transfer anytime, anywhere in the world, without any amount limit
Traveling the money - safe and easy to use on the go, no need to swap with different fiat currencies and there is no limit on the amount you can carry.
Decentralization - nobody is in control of your money, but you.
Transparency - every transaction is transparent, you can see it in the ledger
Easy Moves - You can transfer anytime, anywhere in the world, without any amount limit
Traveling the money - safe and easy to use on the go, no need to swap with different fiat currencies and there is no limit on the amount you can carry.
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