Topic: The advantages of bitcoin - page 16. (Read 2206 times)
honestly very much the advantage when you have bitcoin, one of them with bitcoin trading in altcoin you can grow the assets you have so you can become rich from trading profits.
I think bitcoin has a lot of advantages, with bitcoin you can use it to send money for long distance between countries without the need to use very expensive shipping costs and of course very fast process.
All above mentioned are all true. In fact, they are the solid advantages of Bitcoin. What I like most about Bitcoin is the pure anonymity and decentralized. Meaning to say, no individual, entity, or even the government will ever have control of your bitcoins. They cannot freeze your account or trace your identity. This is what most of us want, freedom of our wealth.
I think the advantage of bitcoin is you earn money in easy way and this is the first cryptocurrency . You learned about where we are investing in .. bitcoin helps a lot to people who need money .
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
Appreciated well defined,There are number of advantages of Bitcoin but i contribute from my side concisely.Bitcoin is global currency if you travel there no need to exchange the currency,Bitcoin it self own bank no need of third party to make transactions.
You can trace your transaction by using medium of blockchain which make sure that another party received successfully or not.So more amendments expected in future and hopefully Bitcoin will made our life more easier.
we will have a chance to make if we use bitcoin. By holding bitcoin, our balance will become bigger in the future because we always know that the price of bitcoin continues to increase over year and year. Moreover, using bitcoin will make us understand more the blockchain
if you can keep it for several years that you will surely be able to make a lot of profit. Bitcoin is a digital currency that, of course, makes a lot of the advantages made from digital currencies such as bitcoin, there are many advantages
Excess bitcoin is very much. In fact, I hardly see a deficiency in Bitcoin because the surplus is able to cover all the deficiencies of Bitcoin. But the thing that I like most from Bitcoin is that I can work again and even this is better than my previous job. The work at Bitcoin is more convenient and we can be free to do it. If cultivated constantly, the results of Bitcoin can be higher than the work in the real world.
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
it is a good quote. Many advantages of bitcoin. The bitcoin is Freedom of payment, Very low fees, secure and control. thats I like.
Advantages of bitcoin are we can use it as payment for bills using cellphone or tablet and internet. Transfering of money person to person with less charge and no one know your transaction, it's secured because you have your personal access and protected by a strong password. No holiday on transferring money, we can transact anytime. only our self will control all transaction, no bank, government can interrupt the transaction.
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
It is nice of you to note these advantages that makes it easy for someone fairly new to easily choose bitcoin.
With the above reasons, it would be safe to say that bitcoin's foothold is set to be stronger in the near future.
Yet of course, as with any other currency, bitcoin has it's own down side too (especially it's volatility).
But if one considers bitcoin to be a payment system, then it's all thumbs up for them, bitcoin rules over traditional payment methods.
Allowing users to be in control of their transactions help keep Bitcoin safe for the network. Merchants cannot charge extra fees on anything without being noticed.
Anyone at anytime can verify transactions in the Bitcoin block chain.
Bitcoin protocol cannot be manipulated by any person, organization, or government. This is due to Bitcoin being cryptographically secure.
Bitcoin protocol cannot be manipulated by any person, organization, or government. This is due to Bitcoin being cryptographically secure.
Yeah, everybody says all the advantages of bitcoin. Personally, I like the advantages of bitcoin that offer convenience. That is, Bitcoin is a new form of community savings that is applied with a system that is not troublesome. In addition to saving money in bitcoin, all the usual financial intermediaries in banks can be eliminated. The holders also do not need to pay service fees and registration.
The advantage of bitcoin is that it can be use and transacted in the internet , if there is a signal in that place , bitcoin can be use and it is known as the top crypto in the world coin index and has establish a good position in business and mode of payments and exchanges that are the advantages of bitcoin in the digital market.
Bitcoin have many advantages to many people who are jobless.Bitcoin can be a good source of income.Even if your at home you can still support your family on financial aspects.If you can manage well student can do both study and bitcoin.It can also transact money or transer money without hassle.
There are many advantages of bitcoin already stated above. For me bitcoin is easy to access and it is a universal curenccy because it is decentralized and peer to peer. Bitcoin is a universal curenccy because it is used all over the world without the bank and government.
The advantage of bitcoin is that it can be use and transacted in the internet , if there is a signal in that place , bitcoin can be use and it is known as the top crypto in the world coin index and has establish a good position in business and mode of payments and exchanges that are the advantages of bitcoin in the digital market.
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
Conveniently is also one of the advantages of bitcoin where there is a better queue process with bitcoin than the traditional one which is making a line where most of the people waste their timr. So instead of waiting in a queues you can do transaction even in right in front of your desks. Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
I think, with the block chain, all finalized transactions are available for everyone to see, however personal information is hidden.Your public address is what is visible; however, your personal information is not tied to this.
here are some advantages of Bitcoin that I know of.
-It can help unemployed people, even the students. because joining Bitcoin does not require any educational attainment.
- you can work from home or anywhere else. just make sure you have Internet.
- another way of investing Money.
-a faster transaction with a lower fee.
That's all that I know of.
-It can help unemployed people, even the students. because joining Bitcoin does not require any educational attainment.
- you can work from home or anywhere else. just make sure you have Internet.
- another way of investing Money.
-a faster transaction with a lower fee.
That's all that I know of.
The strength of bitcoin is that it is possible to concretize profitability with high volatility from the popularity or pumping processes of nature. 10 years of history and development, bitcoin proved with his position by the power can change the lives and future of the people.
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