Oh wow, an interesting topic isn't it? Reminds me of the debate that I had with one of my friend couple of years back when I spoke to him about what BTC can do vs the traditional fiat system and guess what he is now dealing with Cryptos and happy as ever. BTC has the following advantages-
- Its Decentralized
- Has no boundaries when it comes to transactions
- No need for banks and other financial institutions to send or receive transactions
- And guess what BTC is called the Big Boss of Crypto world for lot of other coins depend on it.
- It is listed as #1 currency in CoinMarketCap
- Anyone can hold BTC no matter where they are and what they do.
And the list goes on and on and on. I am happy to be part of the growing Crypto world for there is plenty to learn and earn.
Topic: Advantage of BITCOIN - page 7. (Read 2855 times)
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate it. The advantages are
Control over your money: Bitcoin can give you control over your money and a strong level of protection against many types of fraud.
Control over your money: Bitcoin can give you control over your money and a strong level of protection against many types of fraud.
The advantage of bitcoin is the strong foundation and it is really the most trusted coin in the crypto currency feild. We can really assure that we can get a huge amount of profit on it because it is really proven and it is also tested as the best coin. So then i think bitcoin will really rise soon and we can get a huge amount of profit on it through waiting.
Bitcoin is not just the best cryptographic money, it's enlisted as the number coin in the coinmarkets and many other coins are glue to bitcoin's advancement in price in the market to be able to improve in their own price. Bitcoin is a game changer and a life transforming factor, it serve as money which why it is simply amazing
It is possible to send and receive bitcoins anywhere in the world at any time and also Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information.
You can find Bitcoin at any exchange. You can make the operations with it extremely fast (i mean inside exchange). It is very safe and anonymous. You can travel when you do not have a wallet in your pocket. Just change BTC for fiat and use it.
One of the advantages of bitcoin is that it is a decentralized currency and this means that there is no way one person or a group of people can control it which means that there is no way for the government to use it to control its citizens. You cannot just make more bitcoins at will like you would do with fiat currency and you have absolute control of your money and your assets.
In crypto-currencies, a proven cryptography with a division into public and private keys is used to store access keys to funds. Similar algorithms are used by banks and other financial institutions to protect their data.
One of the most widely publicized benefits of Bitcoin is that governments, banks and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. Bitcoin purchases are discrete. Purchases Are Not Taxed. Very Low Transaction Fees. And no Third-party Interruptions
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.
Bitcoin has managed to overcome major hurdles in its short but lively history. The cryptocurrency market does offer a means for diversifying the risk and hedge one’s portfolio. We can also now use Bitcoin for making various payments and even international transfers without much delay. The banks also charges fees for making transfers and payments, which can be avoided by using Bitcoin. In times of inflation, money stored in cryptocurrencies can prove useful. It has the potential to give competition to Gold, Silver, and established currencies like the US Dollar, and other assets.
Yes, those are the examples of advantages that you can get once you invested money in Bitcoin. Of course, we should not forget that it has also the ability to make a x3 profit from your initial investment. Which I think most of the people knows best and is the reason why they invested money in Bitcoin or other coins.
One of the greatest advantages of Bitcoin is that it is the only payment method that is 100% irreversible and cannot be charged back. For this reason, you should be careful when sending Bitcoins; be sure that you are sending them to a trusted vendor.
Bitcoin has a lot of advantages.
1.Mobile payments the easy way. All you need to do in order to receive Bitcoin payments is to display the QR code in your Bitcoin wallet
app and let your clients scan your smart phone, or use the built NFC radio technology.
2.Control over your money: Bitcoin can give you control over your money and a strong level of protection against many types of fraud.
3.Everywhere and anytime: The bitcoin is up always – 24 hours, 365 days a year. Of course, the internet must be on.
4.Sending international payments – fast and cheap: Sending bitcoins across continents is as easy as sending them across the street.
There are no banks in our way to make you wait 2-3 business days, no extra fees for making an international transfer,
and no special limitations on the minimum or maximum amount you can send.
5.Choose your own fees: Fees are unrelated to the amount transferred,
so it’s possible to send 1000 bitcoins for the same fee it costs to send 1 bitcoin.
6.Protect your identity: it is possible to send a payment without revealing your identity.
1.Mobile payments the easy way. All you need to do in order to receive Bitcoin payments is to display the QR code in your Bitcoin wallet
app and let your clients scan your smart phone, or use the built NFC radio technology.
2.Control over your money: Bitcoin can give you control over your money and a strong level of protection against many types of fraud.
3.Everywhere and anytime: The bitcoin is up always – 24 hours, 365 days a year. Of course, the internet must be on.
4.Sending international payments – fast and cheap: Sending bitcoins across continents is as easy as sending them across the street.
There are no banks in our way to make you wait 2-3 business days, no extra fees for making an international transfer,
and no special limitations on the minimum or maximum amount you can send.
5.Choose your own fees: Fees are unrelated to the amount transferred,
so it’s possible to send 1000 bitcoins for the same fee it costs to send 1 bitcoin.
6.Protect your identity: it is possible to send a payment without revealing your identity.
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Behind the development of advanced technology must have an impact or risk in it. Including bitcoin, many people take advantage of the convenience of bitcoin transactions for less positive arenas, but I think everything goes back to the consciousness of each individual.
Bitcoin has many advantages. It has fast transaction speed in payment, very low transaction fees, No risk of chargebacks, easy money transaction to worldwide. You can hold long term it,
The advantages of bitcoin is that it has a high volatility rate and that could cause its investors to have a higher profit and the other advantage of btc is, it is already sure. The earning is sure. Once its price decreases, it will still increase high not like the other coins.
Bitcoin is a decentralized digital currency that allows people all over the world to own the coin and store in it a secure wallet where no one could know the amount in your wallet. Transactions with Bitcoin are safe, secure, fast and have low transaction fees. Having Bitcoins have proven to be very advantageous as Bitcoin continuously experiences price rise and intense growths. These growths directly affect and increase individuals' Bitcoin price.
Bitcoin is indeed the best choice for means of payment between users. and bitcoin offers many advantages over traditional banks.
Not only does it provide a lot of advantages for its holders, bitcoin currently also has a high value than the fiat currency of a country.
Not only does it provide a lot of advantages for its holders, bitcoin currently also has a high value than the fiat currency of a country.
Bitcoin is the benchmark in the field of crypto currency. For him you can already buy almost everything.
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.
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