There are many advantages of using BitCoin in lieu of online money transactions. BitCoin is a global exchange rate, meaning BitCoin is not owned by any country, making it easy to use anywhere in the world. This makes international transactions easier as there is no discussion of payments to be used in accordance with country rates and of course prices are not affected by the exchange rate of the country's currency.
Topic: The advantages of bitcoin (Read 20545 times)
Bitcoin through and through proved its credibility to the world up to now. Since it's a stable investment, it has a lot of advantages embedded to it. First, it is easy to use. Because it is a digital cryptcurrency, you can easily access it anytime and anywhere. Next, it is easily earned. With the hardwork you put into it, the value you get will be proportional to what you will be getting. Lastly, the security. It is low risk thus implying that it can really be trusted with the earnings you have.
Many benefits that you can take from Bitcoin, you can feel for yourself how the benefits you enjoy today with the advantages and how to use them in a comfortable and secure.
For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
Bitcoin have so many advantages although some people are blind enough to see how good it was.it provides the investor even the common people a high profit. A secure currency and I believe this soon will be the future of money.
some people arent blind rather they are just noob or lack of knowledge when it come to crypro especially in bitcoin but for us who already knows bitcoin , we arent blinded by the advantages of it. but i quite disagree on your opinion we you said that bitcoin is a secure currency. i dont believe that bitcoin is secure because if it was then why there are still reports that people have been hacked,phised,etc in their own wallet or on any other exchanges? even cryptos like bitcoin can still have a risk so therfore it is not safe to use them at all.
and I also strongly approve it and I love it so bitcoin is very useful for us and very helpful to our economy in terms of social as well as technology and we are mutually cooperating with each other to help each other in global terms.
yes, you are right ... there are so many functions and uses of bitcoin. in terms of technological developments, digital currency is very, influential on the world economy...
There are so many advantages in using bitcoin. First of all, it gives many users opportunity to earn money online. It is also easier to use in making transactions just like sendig and receiving money to any person local or worldwide with just lower rates and faster transaction. It also helps its user to learn different ways in managing their money or savings well and become wise.
For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
Bitcoin have so many advantages although some people are blind enough to see how good it was.it provides the investor even the common people a high profit. A secure currency and I believe this soon will be the future of money.
There are so many, i can tell you some of the main advantages:
1. High profit
2. Extra income based
3. Easier and faster transaction
4. Accessible to everyone
5. Good future investment
and many more. Just take time to see the other posts here
1. High profit
2. Extra income based
3. Easier and faster transaction
4. Accessible to everyone
5. Good future investment
and many more. Just take time to see the other posts here
There are many advantages of bitcoin that we had used so far but what i like the most is its safety and security for using it. Safety and security when it comes to transacting money, the anonymity of individual while transacting is the best part of it, though it is also a disadvantage as it is being abused by the hackers, scammers and criminals who uses bitcoin as a payment.
For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
All you said is right and real about Bitcoin. I will list down the advantages of investing and having Bitcoins. It's like a second job for everyone, Having a job and not having enough income can't sustain your needs but if you have invested into Bitcoin your income might be doubled. This also has a way to lessen the poverty in any country because the money it gives to an individual. These things is just what I can add to what you have said. 
For me the best advantages of bitcoin are;
it is the most suitable currency to invest,
universal and independent of banks,
the transaction transmission is secure,
it is produced with mining,
in long-term gains too,
and; although most people and most countries can not understand, it is the currency of your future..
it is the most suitable currency to invest,
universal and independent of banks,
the transaction transmission is secure,
it is produced with mining,
in long-term gains too,
and; although most people and most countries can not understand, it is the currency of your future..
A huge amounts of advantages.....
* bitcoin is now using a global currency
*Bitcoin is using in marketing
* Using in shopping, shipping
* Using traveling
* Educational institution fees
* bitcoin is now using a global currency
*Bitcoin is using in marketing
* Using in shopping, shipping
* Using traveling
* Educational institution fees
Very High Price Rise
One thing that makes a lot of people interest with bitcoin is a very high price increase.
A fantastic price increase is not it. From the initial price of only Rp. 10 that make to buy half candy may just not be able to but now the price has soared to reach 150 millions which may have been able to make buy 2 cars with the price of 75 millions per car.
One thing that makes a lot of people interest with bitcoin is a very high price increase.
A fantastic price increase is not it. From the initial price of only Rp. 10 that make to buy half candy may just not be able to but now the price has soared to reach 150 millions which may have been able to make buy 2 cars with the price of 75 millions per car.
Yes, there are many advantages of bitcoin. These are some:
- User Anonymity
- No Third-party Interruptions
- Purchases Are Not Taxed
- Very Low Transaction Fees
- Bitcoin users can get and send money anywhere in the world at any time as long as you have internet access
- Bitcoin helped people financially
- User Anonymity
- No Third-party Interruptions
- Purchases Are Not Taxed
- Very Low Transaction Fees
- Bitcoin users can get and send money anywhere in the world at any time as long as you have internet access
- Bitcoin helped people financially
Bitcoin and cryptocurrencies in general have lots of advantages in relation to traditional payment methods, but mainly they’re quick. Bitcoin generally takes just minutes to confirm or zero if the merchant accepts the risk of double spending, Governments cannot seize your Bitcoins, there is no chance of charge back fraud for merchants & the combination of your private key and public key means your personal details are not held insecurely online in general.
and I also strongly approve it and I love it so bitcoin is very useful for us and very helpful to our economy in terms of social as well as technology and we are mutually cooperating with each other to help each other in global terms.
The advantages of bitcoin are easy to use, peer to peer, decentralized, no border, no bank holidays and as a user we have fully control our money.
BTC has only one advantage that this currency is popular
The advantages of btc ?? Yeah ... i think that knowing btc and using it or making money from btc are the advantages. Implementing btc deals is also an advantage with hight speed and convenience in the implementation steps. Although the fee per transaction is quite high, this is the biggest disadvantage of btc. The biggest advantage of btc is that users can sit in one place and still be able to make transactions easily and make a significant profit
To me, the advantage of bitcoin is it gives me a reason of always being with my phone and staying long in the internet, other than chatting with friends and at the end of the day nothing is gotten.
And being in this forum is like being at work when I am back from work.. Lol.
So, if anyone says it's a form of reducing unemployment in some countries, I'll accept that, despite the fact that you are not working with the countries concent.
You must also include that Bitcoin is a decentralized form of digital currency. That is one of the main features of Bitcoin. That means the way of Bitcoin transaction is peer-to-peer. Aside from that, the anonymity of its users is also protected.
Jump to: