There lots of advantage of having Bitcoin over using loca currency.
Belows are some advantages:
There are no Paper work required to transact Bitcoin. Any individual from a part of the world and age can accept and send bitcoin.
The appreciating nature of the value of bitcoin and when making tansaction with Bitcoin the charges are very low comparing it with conventional process of transacting local currency
Topic: What are the advantages of having Bitcoin? - page 21. (Read 6553 times)
The main advantage of bitcoin is that it can be used for money laundering)))I don't see any more real advantages)
The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? 
First and foremost you know how investing in a company back then was or still is were you invest in a company by buying shares of a company through an intermediary and have no control of...well with bitcoin or crypto investments its different whatever you invest in you have full control of and can sell at anytime, its simply the future of investments.Bitcoin investments do not take so much time to grow as compared to fiat investments which take several years to see a noticeable change in your bank account.
I think everyone should have bitcoin because it is a very undervalued asset that will rise in price in the long run.
For now many advantages such as trading collect information about the type of altcoin you want to exchange because it can be profitable. In mining a lot of calculations to be known such as power consumption that has the possibility of loss, the location in your place can have a strong internet signal and keep it profitable. 
In current time i think that the one and the only advantage of bitcoin is that bitcoin is best for investment and trading. In current time bitcoin is best for making profit from it, becasue currently bitcoi price is trading low but i am sure that in near future bitcoin price will start increasing, therefore the best advantage of bitcoin in current time is that there are more chances to make money from it. 
In my view, the main advantage of having bitcoin, there isn’t any presence of centralized banking system or financial institutions or government. Nobody has the right to rule or regulate this decentralized digital currency. Two entities are directly connected to each other without any third party interruption.
I think the advantages of having a bitcoin is, you have a opportunity to become a rich person and also gives you hope to become a successful bitcoin earner someday. Bitcoin is convertable into different currencies like pesos and dollars that can help us in our life.
The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?
I can only say one thing if your holding a lot of bitcoins then you are the most luckiest person and your the kind of person who takes an action with bitcoin when it first launch and when it was worth just a fraction of a cent per coin. Because bitcoin now is the most well known king of all coin although bitcoin suffered for now but sooner it keeps going up and up. If your the person who holds a lot on it then it may be possible for you to become a millionaire someday so just hold if had this.
One of the most widely publicized benefits of Bitcoin is that governments, banks and other Financial intermidiarises have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies
The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?
An Bitcoin user get more advantage then other crypto currency user. Bitcoin provide its user a lot of way to earn money through it. Its Blockchain technology make it different from others. Bitcoin is world first decentralised which means it doesn't comes under control of single or group of people. Many small businessman and retells use Bitcoin so if you can buy goods from them by exchange your Bitcoins with them. Bitcoin provide its user an high-level security and uninterrupted money transaction facility. So these are some advantage of Bitcoin.
Bitcoin as we all know is one of the most anticipated and most sought out investments in the investment world up to date. The demabd for bitcoins as of now is still comparably high than the existing competitors of bitcoin in the investment world. More than the hype, the amount of profit one can get from investing in bitcoin is not somethimg to laugh at it is very profitable considering the short time you would spend.
Another frequent question that have been asked in this forum maybe a hundred times.
Just an advise before posting a question, you could use the box in the upper right hand corner to search topics that you may want to ask. If you can't find some answer after several scrolls and reading by then you could post a question.
The number one advantage for me is the cut cost, bitcoins allows people to send money across the world without the need of a pile up paper works and payments.
Just an advise before posting a question, you could use the box in the upper right hand corner to search topics that you may want to ask. If you can't find some answer after several scrolls and reading by then you could post a question.
The number one advantage for me is the cut cost, bitcoins allows people to send money across the world without the need of a pile up paper works and payments.
Bitcoins’ ownership address can only be changed by the owner. No one can steal Bitcoins unless they have physical access to a user’s computer, and they send the bitcoins to their account. Unlike convential currency systems, where only a few authentication details are required to gain access to finances, this system requires physical access, which makes it much harder to steal.
I believe the biggest advantage of bitcoin is you can use it as a store of value for example in a hardware wallet where you have total control of this"I am calling it asset". There you have full control over your asset and you are safeguarding it in your home without relying on a safebox in a bank minimizng all risks. The price of bitcoin can go up anytime and in the right moment it may change your life.
The biggest advantage of having bitcoins is that you have absolute control over your money. You decide what to do with it and what is appropriate for it. It is decentralized and no one person controls it.
Bitcoin also has the potential to make you a lot of money when you buy low and sell high. All it involves is having patience and waiting for the price to go back up is all.
Bitcoin also has the potential to make you a lot of money when you buy low and sell high. All it involves is having patience and waiting for the price to go back up is all.
That is not all buddy
You dont really have any control over your bitcoin asset. Perhaps the number of bitcoin in your wallet stays the same, but the value is driven by the market, you have no power over it
But to say bitcoin has huge potential in the future then I will say yes
For now many advantages such as trading collect information about the type of altcoin you want to exchange because it can be profitable. In mining a lot of calculations to be known such as power consumption that has the possibility of loss, the location in your place can have a strong internet signal and keep it profitable.
There are so many advantages when we use bitcoin and also we can have benefits thru it, and also we will be satisfied in the output of it. We can make and have money, we can buy things when it is converted thru money, the time we spend is worth the wait
Bitcoin is the first algorithmic currency in the world
Blockchain technology
Extremely high security
High liquidity
Limiting inflation and counterfeiting
Not controlled by the government
Blockchain technology
Extremely high security
High liquidity
Limiting inflation and counterfeiting
Not controlled by the government
what is your purpose to have bitcoin in your wallet? if just save it without do something with bitcoin i think its useless, you just need to withdraw your bitcoin and save it into your bank. but if you use bitcoin for your daily use i think you need to have bitcoin in your wallet. especially if you use bitcoin for making profit, you need to have bitcoin in your wallet to be your capital
Bitcoin is used by worldwide. It is a new way of investment technology behind. There is risk but if it goes up, but in my opinion you could make profit more then any other investment.
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