The advantages of Bitcoin are listed below-
1- It provides us with an opportunity to earn money.
2- It can be used as a way of side income.
3- It is a type of digtal currency and is easily accessible.
4- It is decentralized i.e. without government involvement.
5- Investements in Bitcoin provide huge profits.
6- It has a really bright future as its price is rising.
7- We can keep a check on our money and it is difficult to
be robbed.
1. True you can earn money with BTC, but I know plenty of unfortunate souls who lost money as well. BTC is not magical way of getting rich no matter what.
2. True to that when you have something to offer or are dedicated to the cause.
3. When you are bitcoin newbie it is not so simple, creating bank account is easy, buying bitcoin might be more complicated.
4. We have no idea if the government is not pulling the strings here - also mining is not that decentralized as there are only few mining pools.
5. Or losses. Again it is not a magical way of earning money.
6. We don't know the future, we can only expect that bitcoin will continue to rise.
7. It is difficult to be robbed if you keep your money on your bank account too.