Topic: The advantages of bitcoin - page 18. (Read 2206 times)
Hassle free transaction, easy to use and totally depends upon you how you control it. Its just a mere stock of your hand
There are a lot of it actually. One for me which is the best is that whenever you have more bitcoin earned, there is a bigger opportunity for this to grow and grow as time goes by since its price is not stable.
Bitcoin is a virtual currency, where people can trade through electronic devices like computers. Bitcoin as a counter-impervious exchange tool, able to act as a global currency, as a protector of inflation, and is an inconvenient savings.
Fewer risks for merchants.bitcoin transactions are secure,irreversible and does not contain any customers sensitive or personal information.this protects merchants from losses caused by fraud or fraudulent chargebacks.
But the transactions being irreversible is a headache for the buyer. After making the payment, if the seller does not deliver anything or gives a bad service, you will be helpless in case of a bitcoin payment. There are options like escrow but it is impractical for small transactions because of fees.
Maybe bitcoin has some advantages, but only a few that I know as no one controls when we transact and again from bitcoin we can get income as well, bitcoin not only currency but also can be used as income.
There will be complete eradication of economic distinguish. Since there will be a single currency across whole world
The most advantage of bitcoin that I have discovered is the non-discriminative part of it bitcoin provide equality and the is limit to it acceptability. We have seeing how one from every countries can do business transactions without problems. Bitcoin is decentralized and that is a system the world need to move from were it is now to were it ought to be in development.
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.
The afvamtages of the bitcoins are their being volatile because that is the thing that makes them a great investment and that is the feature that makes the peoplw like them very much even if there are falling it is an opportunity for us to buy and when they rise again that is the time to sell and it is like a pattern and you just gotta have some patience. And them being decentralized is the second thing that the people loved because they now have ghe ffeedom in their own money. No taxes and government involved at all
Bitcoin itself is an advantage to all people who have trust on it. Because it provides great profit and change many lives like giving an opportunity to less fortunate one. And that is an advantage of bitcoin for me.
yes, it is a great benefit that many also feel the crowds. and many other great benefits without us knowing it. as people will learn more about something they do not know because crypto many types of businesses and information on offer. 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.
The advantages of bitcoin as I noticed especially to our country was no taxed then the movement was great in terms if you wanted to invest which a big chance to double our investment. 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.
The most important aspect of bitcoin is that it is an excellent store of value. It has the advantages of gold because it is hard to mine and there is a limited diminishing supply.
Another advantages of bitcoin is the fast payment by online shopping as far as I know amazon accepted bitcoin as mode of payment so that is a good news for all the bitcoin users that they can easily pay their products in amazon by the use of bitcoin.
Fewer risks for merchants.bitcoin transactions are secure,irreversible and does not contain any customers sensitive or personal information.this protects merchants from losses caused by fraud or fraudulent chargebacks.
Right now the only problem is that most of the advantages of bitcoin are for merchants, this is why you still see people using PayPal because in PayPal the consumer is the one that has all the advantages, this means that we need to give to consumers some incentive to use bitcoin and in my opinion that is going to be that bitcoin is by far a superior store of value compared it to any fiat currency. 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 mate, I agree. many advantages of bitcoin . it is easy, fast, usefull.you can get earn from trading and investing bitcoin.
Freedom is the best thing to describe bitcoin advantages, When you are unemployed, simply switch to bitcoin, Theres no need to make application letter and an interview just to hire you. Bitcoin welcomes everyone. You can also work anytime you want 24/7 as long there is internet connection, It is also fast, easy, convenient and efficient in transacting bills and other type of payment.
Bitcoin itself is an knowledge to entire human beings any hold have confidence over it. Because it gives significant profit and exchange deep lives kind of giving an probability according to less fortunate one. And so much is an knowledge of bitcoin because of me. The largest problem respecting bitcoin to that amount most about it is users are speculators, consequently if the cost goes down yet so is no action because a while, below you choice confer the utilization over bitcoin goes dramatically under because the speculators might not remain fascinated among the foreign money someone more.
bitcoin is a digital currency which, of course, makes a lot of the advantages created from digital currencies like bitcoins, there are so many advantages if you can hold it up for several years that you will definitely be able to earn a lot of profits.
The advantages of bitcoin, one of them is that everyone can have it rich and poor, he has a bitcoin. And for myself bitcoin is one quick way to earn money. And the transaction is also not too complicated, with only through mobile phones and internet network we can transact without complicated
thats impact for our economy.people that joining in bitcoin for several years enjoy this advantages.maybe they are right now become rich man. 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's mate. I agree with you. many advantages of bitcoin. bitcoin is very low fees,bitcoin users are completely in control of their transactions, very fast and usefull.
Others see it as a bad thing but for me, the advantage of bitcoin will be its price. It can go up and down and as long as we keep on monitoring the trend, we can earn a lot of money. Ever since I started working for bounties and trading, my financial situation improved and I was able to pay my debts. I am in the process of investing money on bitcoin now since the price is low. I think it will keep on increasing until December, around $30,000 USD.
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