Biggest Pros of Bitcoin??? | Bitcointalksearch.org

harizen

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Quote from: Bilugi on May 31, 2020, 09:27:21 AM

What are the biggest Pros of Bitcoins???
I will be very very delighted if we know about the pros and also cons of bitcoins!!!!
And I hat will be an honor for me!!!

Since the topic is somehow general and quite discuss lots of time, you can consult your favorite search engine for references.

Google is your friend mate:

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The Pros and Cons of Bitcoin

Then from there, ask on what thing/s confused you.

bL4nkcode

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Limited in number. Limitless in potential.

Freedom and privacy, easy transfers and somewhat unavoidable is volatility, nothing else.

Cons, volatility as well coz sometimes its your enemy, maybe often.

avikz

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Quote from: Bilugi on May 31, 2020, 09:27:21 AM

What are the biggest Pros of Bitcoins???
I will be very very delighted if we know about the pros and also cons of bitcoins!!!!
And I hat will be an honor for me!!!

I am too small to notify anything as biggest pros and cons of bitcoin. However, as per my thought process, the biggest pros of bitcoin is "privacy". You will have absolute control on your bitcoin reserve and no one really gets to know how much money you hold. In real world, your Bank and government always knows how much fund you are holding and they force you to pay taxes on it. With bitcoin, no one really has the capability to know your net worth unless you decide to let them know.

Apart from this, I don't really see any other pros of bitcoin. Because the transaction fees is high compared to banks (in most of the countries) and the price is very volatile. Today if you can buy a bottle of beer with 0.001 bitcoin, tomorrow it can cost you 0.002 bitcoin due to the price change. So it is not really a suitable payment method for a lot of merchants.

However, bitcoin is great for speculators due to the same volatility. Speculators ride the pricing wave to make a fortune in reality. So it totally depends on how you see it!

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Biggest Pros of Bitcoin is something subjective depending on an individual's preference.

Personally, my biggest Bitcoin advantage is being able to transfer money to anyone, anywhere in the world, any time with friendly fees. All they need is a Bitcoin address. All this is not possible with most international money transfer services.

so98nn

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There are many more than we can list out.

However I believe it is the store value of bitcoin which is biggest thing it can give us. Because of its store value one can rely on trades, saving my money in terms of bitcoin, long term safeguard of money is all you can get from bitcoin.

In fact, it’s been few years we can see all the advantages of it. In the today’s time when rest of the world is going through financial crisis and inflation is at its best then also bitcoin stands still.

May be that is the thing you can take it as positive stuff.

Twentyonepaylots

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THE BIGGEST PRO OF BITCOIN IS THAT YOU'LL SEE THE FUTURE OF FINANCIAL IN IT.

You can do a research on any thing basically, you can actually use the forum to read.

Old topic like this is subject not to be discussed anymore. Kindly lock the thread if you don't want to delete it.

madhavsinghrajput

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The biggest pros of Bitcoin is it's volatility.If you play your card well and luck is in your favor than you can earn good numbers and it can change people life ups side down.

The Cryptovator

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You may read this thread to know users comments about bitcoin pros and cons; https://bitcointalksearch.org/topic/bitcoin-pros-and-cons-5251937
This post has been created just 2 days back and still its appearing on the first page. Don't make post like a blind, at least read first page of any board. Besides that you may use search button before create any new topics. So you will get result if there is any existing similar thread where you may found your answers.

Please lock this thread from lower left.

Bilugi

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What are the biggest Pros of Bitcoins???
I will be very very delighted if we know about the pros and also cons of bitcoins!!!!
And I hat will be an honor for me!!!

Topic: Biggest Pros of Bitcoin??? (Read 128 times)