Bitcoin most popular because of volatility. We are getting advantage of bitcoin volatility and making money. There is many more technical benefits but honestly most of us like bitcoin for above reason. As you said wallet protect privacy which isn't, bitcoin itself protect your privacy if you do not expose your address to others. Wallet just for control your funds, if you use web wallet then it would expose your privacy by so called KYC system. Main technical benefits are you don't need any third party to transfer your fund to anywhere on the world at any time without any central organisation.
Yes, I agree because of volatility the bitcoin really rise up. Through this bitcoin volatility we can get so much money and of course advantages. In here we could get so much money. But then bitcoin is really dangerous when it comes to our investments. Through the bitcoin addresses someone can get personal informations from you so we must always be careful. As a bitcoin user you must always be smart in giving personal informations in different websites. Your bitcoin addresses is really important to make your bitcoin secured. Online wallets or web wallets are far more dangerous and more likely to be hacked that is why we must always be careful. 
Topic: Some of the benefits of Bitcoin ... - page 8. (Read 1822 times)
Benefits of using Bitcoin:
1. Bitcoin does not allow any third parties to track, identify or stop transactions.
2. No sales tax are added onto any purchase.
3. Transaction fees is low.
1. Bitcoin blockchain is completely transparent system, so third parties can track and actually do tracking, and are always trying to identify who senders and recievers are. It is true that they cannot stop you from transacting at least on a network layer.1. Bitcoin does not allow any third parties to track, identify or stop transactions.
2. No sales tax are added onto any purchase.
3. Transaction fees is low.
2. It depends on a country you live in. In some countries you should keep records on your purchases and investments.
For example for US citizens:
Quote
The IRS has made it mandatory to report bitcoin transactions of all kinds, no matter how small in value. Thus, every US taxpayer is required to keep a record of all buying, selling of, investing in, or using bitcoins to pay for goods or services (which the IRS considers bartering).113
Because bitcoins are being treated as assets, if you use bitcoins for simple transactions, such as buying groceries at a supermarket, you will incur a capital gains tax (either long-term or short-term depending on how long you held the bitcoins).
Source: https://www.investopedia.com/articles/investing/040515/are-there-taxes-bitcoins.aspBecause bitcoins are being treated as assets, if you use bitcoins for simple transactions, such as buying groceries at a supermarket, you will incur a capital gains tax (either long-term or short-term depending on how long you held the bitcoins).
3. Transactions fees are only relatively low. If you wish your transaction to be included in the next block, sometimes you have to pay high fees.
Some benefits of Bitcoin in my opinion include Bitcoin can make money by trading, Bitcoin can also be used to buy online goods, Bitcoin transaction
costs are cheaper than fiat for between countries, can make transactions anonymously by using Bitcoin and can be used to make donations to charities.
Those are some of the benefits of Bitcoin that I remember, With the benefits I mentioned, it's no wonder the popularity of Bitcoin is increasing and
more and more peoples are buying Bitcoin right now.
costs are cheaper than fiat for between countries, can make transactions anonymously by using Bitcoin and can be used to make donations to charities.
Those are some of the benefits of Bitcoin that I remember, With the benefits I mentioned, it's no wonder the popularity of Bitcoin is increasing and
more and more peoples are buying Bitcoin right now.
Bitcoin has a lot of potentials to make more benefits to its users. Before there are only a few people support this kind of coin because they now it is just as a scamming coin and piece of trash into the world of internet but by the time goes by it is rapidly increasing and becomes popular which is a good thing because now we are supporting the use of it. AFAIK it js over 2017 when bitcoin becomes more popular in the world and the number of investors is rapidly increasing which is a good thing because it helps a lot to increase the market price of the coin pool too.
Today there are a lot of people supporting the use of the bitcoin as the online payment and mode of transaction because this is the most convenient way and does not have too much verification because some of the platform holding the bitcoin or the wallets does not have a KYC which is a good thing.
Today there are a lot of people supporting the use of the bitcoin as the online payment and mode of transaction because this is the most convenient way and does not have too much verification because some of the platform holding the bitcoin or the wallets does not have a KYC which is a good thing.
There are so many benefits of bitcoin, bitcoin can be used as a means of payments and it also has a fast transaction, we can actually send any amount of money to our friends or partners in different countries through bitcoin, and bitcoin can also be used as source of income because we can actually make profit from holding or trading with it .
There are many benefit you can get when you start using bitcoin as a payment method. the main benefit than be the privacy, since you can increase the security after using a simple mixer none can track your payments easily. and the other benefit is the totally supply, we all the governments are printing money without any limitation and decreasing the value of the money like this, but in the other hand bitcoin's total supply is completely fixed and can't be changed. even in 2140, there will be only 21m lucky people who own one single bitcoin in their wallets.
In the present age, we are all more or less connected to the Internet, many can not do without the Internet. Bitcoin is one of the popular online coins. Bitcoin has many benefits. We can invest in Bitcoin and earn money from it. With Bitcoin we can make various payments very fast and without banking hassle. With Bitcoin we can protect the maximum privacy of our assets.
Online selling now grows quickly as the pandemic is getting worse and quarantine is getting longer on which I think bitcoin would be useful if we use it properly. But the question is, do people are willing to buy in form of bitcoin? as for my opinion they would not simply because of the future value that bitcoin could be priced. Bitcoin could make an easy transfer of course from peer to peer transaction, however doing it with banks is easier plus the transaction fee of bitcoin right now is surging, not ideal for a small transaction. Money earned from Bitcoin can be easily withdrawn and spent.
This is the reason why people are hesitating to spend their bitcoins, coz they just hold it, more likely a form of investment. 
-snip-
I am fine with the fact that I am getting profits out of holding it.
. . . .
Actually that lives us no option mate because no available area where we can spend our Bitcoin.
-No store to Buy stuffs.
-No restaurant that accepts either dine in or take out.
-No There are no Services accepting Bitcoin as Payments
So all in all?there are no option But to Hold and this is what we must do for now.
But, there are really times when I need to buy some things online or send money to someone as transaction so what I do is convert some of my earned bitcoins to our currency. I'm still hoping though that many merchants will consider accepting cryptos as a mode of payment in the near future.
Good point. One of the strengths of Bitcoin is that it offers people and its users liberation. You can pretty much do anything with your Bitcoin as there are a lot of online store and other institutions that accepts Bitcoin as a payment. Not to mention that using Bitcoin doesn't really require people to reveal their identity so basically you can use it while staying anonymous.
Therefore, bitcoin is popular and continues to grow its users, because bitcoin has several benefits that are not owned by the another currency.
The first bitcoin can provide profit only by storing it, the second can be used for payments, the third can conduct anonymous transactions, the
fourth can avoid being infected with the corona virus and the fifth has a relatively low cost for the transaction finance between countries.
The first bitcoin can provide profit only by storing it, the second can be used for payments, the third can conduct anonymous transactions, the
fourth can avoid being infected with the corona virus and the fifth has a relatively low cost for the transaction finance between countries.
All are valid and can be add in Op mate because you have mentioned all qualities that Bitcoin can share in this Pandemic and even in future references .
This pandemic really affect the world of cryptocurrency but it doesnt mean that we will stop here because there are so many things to consider before surrendering .
Bitcoin is essential to some or most of us. Like other crypto currencies, it can benefit our own daily life.
Discipline is one of the benefits of the bitcoin. Another one is hard work and determination.
Therefore, bitcoin is popular and continues to grow its users, because bitcoin has several benefits that are not owned by the another currency.
The first bitcoin can provide profit only by storing it, the second can be used for payments, the third can conduct anonymous transactions, the
fourth can avoid being infected with the corona virus and the fifth has a relatively low cost for the transaction finance between countries.
The first bitcoin can provide profit only by storing it, the second can be used for payments, the third can conduct anonymous transactions, the
fourth can avoid being infected with the corona virus and the fifth has a relatively low cost for the transaction finance between countries.
Bitcoin has several benefits especially the fact that you can make anonymous transactions in a very fast manner. Also, having access to all your funds without any control from banks and other centralized institutions puts every crypto investor full control of his funds.
I am fine with the fact that I am getting profits out of holding it.
Since our country is not that much open in using cryptocurrencies especially Bitcoin, usually I prefer to hold it and keep it for some time. Hold and reinvest when the price is low and sell some when the price is considered profitable. You can't hold fiat and have a profit like Bitcoin.
Actually that lives us no option mate because no available area where we can spend our Bitcoin.
-No store to Buy stuffs.
-No restaurant that accepts either dine in or take out.
-No There are no Services accepting Bitcoin as Payments
So all in all?there are no option But to Hold and this is what we must do for now.
Bitcoin is essential to some or most of us. Like other crypto currencies, it can benefit our own daily life.
Discipline is one of the benefits of the bitcoin. Another one is hard work and determination.
Some of the benefits of Bitcoin ... 
The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
There are a lot more than that, transferring money via Bitcoin or any other cryptocurrency cuts you cost and delay since there is no third-party or paper works required. However, we cannot leave the fact that there are still services, commodities and goods that are not accessible and payable via crypto. We are too far from mass adaptation, but cryptocurrency is showing a good potential as a medium of exchange as well as investment tool in the future.
Bitcoin has several benefits especially the fact that you can make anonymous transactions in a very fast manner. Also, having access to all your funds without any control from banks and other centralized institutions puts every crypto investor full control of his funds.
I am fine with the fact that I am getting profits out of holding it.
Since our country is not that much open in using cryptocurrencies especially Bitcoin, usually I prefer to hold it and keep it for some time. Hold and reinvest when the price is low and sell some when the price is considered profitable. You can't hold fiat and have a profit like Bitcoin.
Some of the benefits of Bitcoin ...
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
Even if it is not used by the you country, as I am currently experiencing in country of my own Bitcoins there has been no official law, but it has been much profitable for our trading community, and cryptocurrency. As much as I can passive income every trading, investing, joining the project team adds more insight into cryptocurrency. It was very fun.
Some of the benefits of Bitcoin ...
The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
Honestly I think btc is arguably not seen as the best ideal currency yet. Volatilty is the reason why, some only see this as an investment and not as a currency as of now. Its a new technology and will take time if it will be an ideal currency. I think among the benefits you just mentioned, the privacy is what makes it different to fiat, because in my country buying online is still best using fiat. Some prefers to choose btc because they wanted the privacy, unfortunately, this privacy is being used by some people in the bad side. One of the reason why btc has the image of scamming, illegal use, etc.
In the present age, we are all more or less connected to the Internet, many can not do without the Internet. Bitcoin is one of the popular online coins. Bitcoin has many benefits. We can invest in Bitcoin and earn money from it.
With Bitcoin we can make various payments very fast and without banking hassle. With Bitcoin we can protect the maximum privacy of our assets. Money earned from Bitcoin can be easily withdrawn and spent.
With Bitcoin we can make various payments very fast and without banking hassle. With Bitcoin we can protect the maximum privacy of our assets. Money earned from Bitcoin can be easily withdrawn and spent.
Some of the benefits of Bitcoin ...
The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin.
If I may ask, what store? The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin.
Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
I don't think that is how they think about bitcoin. Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
1. It is just a store of value.
2. An investment.
3. A fast way to make money.
I think that is the truth about why it is popular.
Because of the volatility of it, they are trying to take the risk of making more USD and not more bitcoin.
Some of the benefits of Bitcoin ...
The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.
More benefit will come when maximum countries will accept BTC so that people then will not carry fiat money that has stolen fear. In traveling many men now use master card but those who has no master card they carry fiat money that is big problem for security. But when BTC or alt will accepted in that side, traveling will be more enjoyable. So i think everyone should come fast beside BTC to make enjoyable life.
thanks.
Bitcoin has several benefits especially the fact that you can make anonymous transactions in a very fast manner. Also, having access to all your funds without any control from banks and other centralized institutions puts every crypto investor full control of his funds.
Also bitcoin can make you pay a certain bills without withdrawal, just by sending it directly without hassle is one of its benefits. Digital transactions using bitcoin is really fast and safe compared to fiat, also your bitcoin wallet is really secured once you make one. By that bitcoin wallet, you can safely store them in that while waiting for the right time to perform transactions.
Bitcoin investors are really happy when bitcoin is in its season where its price is really high than you can imagine. The true benefit of bitcoin is that it can make its user to be successful in life, because once you risks your money for it, everything will be put into its place. It is safe and worth it to use and invest.
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