I have been fan of Bitcoin since 2016 when I found it for the first time. Its decentralized nature made me to love it. Because of Bitcoin, no government or authority can control the way we use our money digitally. Other than that, Bitcoin has a value that has the potential to increase far higher than gold, and at the same time, it doesn't carry any weight due to its digital nature.
Here are some valid reasons that made me to love Bitcoin:
Bitcoin is completely decentralized, which means that no government or banks can have control over it. Traditional currencies, such as fiat, for example, the US dollar, Euro, and others, are controlled by banks and governments, but Bitcoin is not controlled by anyone. It works on a P2P (peer-to-peer) network of millions of users.
Another aspect of Bitcoin that made me love it was its lower transaction fees. Bitcoin operates on P2P, which is why its transaction fees are lower than those of banks. When you are sending BTC from your wallet to someone else's wallet, you will pay a little transaction fee to the network. Even that fee is used to inspire the nodes so that the transaction gets validated.
Other than that, Bitcoin is completely transparent. Every transaction since its first transaction is recorded on the blockchain. The best thing about the blockchain is that anyone can access the record. Due to this transparency, the transactions made by Bitcoin can be tracked easily, which adds a perk to its security.
Bitcoin is accessible to everyone, and that's an amazing aspect of it. Anyone from any part of the world can access Bitcoin through the internet. That means that anyone can transfer and receive Bitcoin anywhere without any restrictions. It even works in those areas where traditional banking infrastructure is not present.
Another very important thing about Bitcoin that made me love it is its limited supply. Bitcoin has a total supply of just 21 million bitcoins. It means that there won't be more Bitcoins ever, only those 21 million Bitcoins will exist forever. That makes Bitcoin a store of value. Due to its limited supply, its price can move to way higher levels. Some people even believe that one Bitcoin will be worth 1 million in the future.
I use Bitcoin every day, and it's an important part of my life. I can't imagine my life without Bitcoin and other cryptocurrencies. I believe that its adoption rate will increase in the upcoming days, and many new users will start using this amazing invention of this century. Thanks a lot to Satoshi Nakamoto for developing such an amazing infrastructure that has made our lives easier and far better.
All those features of Bitcoin made me to fall in love with it. I believe there are millions of lovers of Bitcoin. Kindly share your love for admiration for this amazing invention. Thank you!
