Advantages of bitcoin

[Mwangi 5611]

I think its not bitcoin but the truth is we need to follow certain kind of strategies that are put together we need to really be able to learn every single program that would work as bitcoin and this is other crypto currencies so today I think we should look at ripple.

Ripple is the greatest in that its the easiest to use and I think its going to dominate every other coin its cheap and easy to transfer , basically all crypto are the easiest to transfer money and the fastest more than the traditional form in this we need to be careful to do and work according to how we envisioned it to work, its the safest.

[Upright 2688]

Even though the transaction speed is not really the best when compared to other speedy coins, it's relatively far more better to send large funds, over a network to another user with any procedure of legal documents, as oppose to banks

[Abuhassan 89]

Bitcoin is a decentralized currency with peer to peer transaction without any intermediate authority.rhe following are the few advantages of bitcoin

1. Fast : the transaction of Bitcoin is very fast 

2. Fewer risks and merchants : the transaction in Bitcoin is irreversible once the transaction is made it can not be reverse again.

3. No central authority: Bitcoin is not backed by government or any central authority who controls it the system is a self control system it value depends on demand and supply.

Hope I answer a brief advantages of Bitcoin .Bitcoin has many advantages we had to limit our self here.

[Cryptonas 1550]

Bitcoin is like a general currency accept globally, it is also a future currency whereby every country can use in digital way.

[SuperCrypto 7193]

I love to collect Bitcoin and deal with it in the markets because it is easy to pay through it and allows its users to control their money completely freely, so money can be sent and received without any restrictions, so Bitcoin has become an easy way to shop in many stores.

[Ruhaa 1009]

Every aspects has both advantages and disadvantages. Bitcoin is a easy digital coin where payments are easy. In future economy system will be easier with bitcoin. Using this coin ww can deal with anyone in the world and our transaction can be completed within a minutes.  As the price of bitcoin is very high ,we have to be secure avout the owner while purchasing coin. There are chances of being scammed while dealing with huge amount . 

[ramonn22 731]

If that partner seems to me to be very useful the information you provide us on this interesting topic and I agree that the great asset of bitcoin is because a single bitcoin address is decentralized, you already have all control without having to provide any more data
Good luck and great luck for the whole community
Big greeting

[Roop 1108]

Bitcoin is safe and we can transfer money so easily through address. Since it has blockchain mechanism it is safest and the information are transparent and is fastest too.

[Md shah 598]

Well explained the advantage of crypto currency Bitcoin . Bitcoin is the digital currency of cryptocurrency . Bitcoin help the people with increase the value of wallet . cryptotalk forum most of the popular to earn money at the money .

[Ummah97531 615]

Yes, basically the advantage of cryptocurrency Bitcoin is well explained.  Bitcoin is one of the best digital currencies in cryptocurrency.  Bitcoin helps people to increase the value of wallets.  The most popular in the cryptocurrency forum to make money.

[kizz 3370]

There are many advantages of bitcoin, we can earn money by trading and investing it. Some forums like this are giving bitcoin. It is also easy to pay because it is a mode of cashless transactions. Bitcoin is now the leading crypto currency and I can say that it is also the best crypto.

[Shehraz bhatti 1703]

Yes my dear friends there is too many advantages of btc in the world. We can use the btc to buy something  from the related websites like shoes gift cards etc. We can also use btc  to transfer money from one country to another country. We can earn profit with exchanger in the market There is so much  great exchangers are available in the market. Like Youbit We can trade also with btc And get Profits

[iloveyobit 6599]

Bitcoin has great advantages like many other currencies that have better features than it, but the secret lies in the blockchain technology, I wish you had mentioned the properties of the blockchain in your post but good topic anyway .

[yato987 2811]

i agree with this , crypto made our life much easier by giving us a chance to be able to earn profits by this way , but the field is always improving that's why we need to keep learning and gaining experience to keep up with it , we also notice there are always new comers to crypto and the numbers increasing overtime , until now cryptocurrencies still banned in many countries but i believe this will be changing slowly and it will have more uses in the future

[Abdul1168782 572]

Advantages of bitcoin is that you can't make r earn easily.and you can face the froud in this field because this is highest currency in the world.

[benalmoh88 1500]

all crypto currency are good for our life if we will used in all our activities, we can change our life by using smart phone only. think if you are going to other country and stay some days in hotel and eating and purchase any thing,you will do it by your smart phone only, your life will be very easy.

[Izeal 4404]

Many people are only talking about the advantages of the bitcoin but no body are talking about the disadvantages. There are many disadvantages and some of them are:

i) Money laundering

There can be many illegal trades with the use of cryptocurrency and government can't get information about your trade and country can go more illegal.

ii) Imposing tax

We have to pay tax to the government but in cryptocurrencies we dont have to pay tax rather we should pay fee for wallet. So, government can't regulate their bodies with out any tax.

[Nicole018 4548]

Because of these advantages it can be undoubtedly said that Bitcoin has gained its own position among the cryptocurrencies to be the best in terms of value and demand. Currently the value of Bitcoins is nearing $14000 which is a really big for a cryptocurrency. I hope more potential possibilities and condition be given to Bitcoin in the future by the different Government and countries which can be really useful for the platform.

Edited November 13, 2020 by Nicole018

[glory50 1259]

The truth is I have not been able to get the advantage of bitcoin but the truth is there is a problem and its really important for us to really keep on going because in the end everything just happens because when you look around there is a lot to which we can be able to value the good and the bad and the most important so we need to follow certain strategies that are going to help us in creating the right direction that works for us we need to know how to build something very important

[glory50 1259]

I have not been able to get what is the advantage but the good thing there is a chance to really configure it , but a lot of work needs ot be done in adoption that is really important we do that so we need to follow strategies will help us use it on a daily basis what people say is that bitcoin is a unit of paypemt as of now there is a lot of work to be really followed and still we are a long way to know the advantages of bitcoin

[mohamedpc1 2213]

Bitcoin has many advantages over other currencies, especially for its high and low price, which makes you feel safe from converting your currencies into Bitcoin due to its high price, in addition to that it has become possible to buy from the internet  via Bitcoin, and this makes you not need Paypal to buy from the Internet.

[Aurangzaib 465]

 Bitcoin has so many advantages  it is easy to use .its has blockchain system it so safes  we increase our Financial Setup in feature with the of bitcoin the trisection of bitcoin is Sample and easy in the many Century and we can enjoy our  life better with the help of Bitcoin investment.

[Captin 0]

In fact, cryptocurrencies in general and Bitcoin in particular have constituted a qualitative leap in people's economic lives and even have changed a lot in the marches of countries as it constituted a solution to address the sanctions imposed on a country due to the inability to prevent it.

[Razan alikac 1899]

Bitcoin is the world's first decentralized digital cryptocurrency and it has a lot of advantages and has great popularity and a lot of traders and investors in it as it is fast
 Paying through Bitcoin currencies provides the utmost freedom, the digital vowel can be transferred to anyone in the world, there are no intermediaries between them, no official currencies, no limits, and there is also no limit to payment.

[Dormilon 2183]

On 10/3/2020 at 6:36 PM, yasset2020 said:

Bitcoin, like almost anything, has its pros

Easy access. Bitcoin is available to the general public. All who have internet you can make use of it. As investors are decentralized
They have easy access and it is already so beginning to raise funds from them.

Quick and easy payment. Operations can be performed in a few seconds asalmost no data is needed, the only data necessary is the address of the portfolio to whom you want to make the payment and it will be made in a matter of minutes. The ease and the bass
cost make them very attractive

Quick agreements., There is no need to wait days for your company to receive the money. Due to the technology on which cryptocurrencies are based, blockchain eliminates delays, commission payments, and many other issues that might have been present.

Insured. All operations are safe, it is impossible for another person to do not be the owner of the wallet make the payment.
No returns. Once the payment is made, refunds cannot be made, which greatly reduces the chances of fraud.

Without third parties. There are no third parties such as banks or other entities financial institutions that you need to trust. You are the one who chooses with your money. Facilitate international exchanges. There are no limits on these transactions, though
you are on the other side of the planet you can transfer the amount without any problem. The
which makes it very suitable for operations across different borders.

@yasset2020 As almost everything in the BTC world has its advantages and disadvantages, in your publication you talk about some advantages of the currency, that is very good, cryptocurrencies have an advantage over fiat money, in that they are auditable digitally, that is, the operations of a wallet can be traced through the blockchain where the transaction is protected, that is why it is easier to locate funds within the network, although getting the owner of the wallet is not easy, that is why anonymity is stronger than in fiat money, where you generally have to give your data to open an account in a bank.
One of the things that it has as disadvantages is that due to its very anonymity, if you make a mistake in the data of the wallet and send it to another, those coins will be lost because it will be very difficult to find the recipient of the funds to return them and in case you find it proving that you did not want to send them there is difficult.
Thanks for sharing your ideas with us, greetings.