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[Dagov]

What benefits does Bitcoin offer?
Bitcoins have the advantages listed below:

At the same rates everywhere, there is no chance of either depreciation or appreciation.
cheapest transaction costs attainable.
Merchants profit from lower risks and irrevocable transactions.
Controlled and fully Secured by an Encoded Format.
making administration unbiased and accountable. The truth of the matter is that bitcoin has so much to offer

 

[Wisdom01]

Bitcoin is actually a profitable coin , you could actually buy , Hold , and Sell Bitcoin and make gains. , Also Bitcoin gives you the opportunity to actually stake , mine Bitcoin to make drastic gains the way you actually want to make gains

 

[Jidemania]

One of the reason that people are very happy about cryptocurrency and are saying it will replace the banking system is their versatility. And bitcoin transaction is very fast and accessible and it can also be used to buy good and services

 

[Wisdom01]

One of the reason that people are very happy about cryptocurrency and are saying it will replace the banking system is their versatility. And bitcoin transaction is very fast and accessible and it can also be used to buy good and services

Been a payment method and others makes it more accommodating ,it's the reason many would always love to incest and adopt Bitcoin ,they could see the importance on the adoption of Bitcoin the development attached and others

 

[Riberet19]

But the real proposal of Bitcoin is not that you profit from it, it is a way to get out of this crazy system in which we live and that you can self-guard your money and that you can send it to someone else without a third party, and without counterpart risk as long as you guard it, It also has a supply limit of 21 million and is totally contrary to the fiat currency that is inflationary so you can profit from it for its low issuance and scarcity.

 

[Wisdom01]

But the real proposal of Bitcoin is not that you profit from it, it is a way to get out of this crazy system in which we live and that you can self-guard your money and that you can send it to someone else without a third party, and without counterpart risk as long as you guard it, It also has a supply limit of 21 million and is totally contrary to the fiat currency that is inflationary so you can profit from it for its low issuance and scarcity.

Yes there is some kind of privacy that the government doesn't have control over , you could run transaction the way you want without everyone knowing or seeing your name as regard the normal banking system

 

[Riberet19]

Yes there is some kind of privacy that the government doesn't have control over , you could run transaction the way you want without everyone knowing or seeing your name as regard the normal banking system

Yes, I also think that this issue is one of the most important today in the system we live in where they can track all your transactions and confiscate your money, the fact of having such a technology is a plus...

 

[btaliat]

Bitcoin has many advantages and some of them include the fact that it is a decentralized market where there won't be much manipulation of the price. This has made it possible for Bitcoin to have the same price all over where it is used.

 

[chipan]

The benefits of Bitcoin is many because you can earn huge money in Bitcoin maybe you can earn through staking ,buying in good price and sell when the price increase which made to earn and also the benefits is that the price can not be charge by anyone or government the price will the same generally all over the world no difference

 

[a_jerobon]

Bitcoin has offered me a lot. The best being that it has given me a great option for online payments. At a time when PayPal had blocked me from receiving payments through it, Bitcoin came in and gave me an unbiased solution. Which comes with the extra package of investing and earning more.

 

[brindagladden]

Bitcoin has been active and has not faced any interruption since 2013. Its unmatched level of reliability is what attracts many. Plus, it's more than decade-long experience is also what is great about it.

 

[btaliat]

Bitcoin has made international shopping easier. What always made international shopping very stressful was because of payment option. But these days, bitcoin is generally used in most online websites.

 

[btaliat]

To be honest, Bitcoin has provided employment for some people. There are some traders of Bitcoin that are making cool money. Some people as well are employed by the trading platforms to be helping in the transaction processing

 

[Xrin Nightfall]

There aren't many ways to transfer assets or funds from one location to another quickly than with cryptocurrencies if you're sending it to someone in the United States. Settlement times for most operations at U.S. banking institutions are between three and five business days. It takes a minimum of 24 hours for a wire transfer to complete.

 

[Adesun]

The advantages of Bitcoin include 1. Accessibility and liquidity 2. No third party seizure 3. High durability 4. Highly transportable 5. High divisibility 6. High resistance to counterfeiting 7. It's very mobile and secure 8. It has protection of payment fraud. 9. It reduce possibility of identity theft.

 

[btaliat]

The only thing I think the proponents of crypto needs doing is more sensitization on crypto. This will make people see more of its good side compare to the bad ones because bitcoins do have more good sides than bad.

 

[Riberet19]

The only thing I think the proponents of crypto needs doing is more sensitization on crypto. This will make people see more of its good side compare to the bad ones because bitcoins do have more good sides than bad.

In the Spanish-speaking community there are many defenders of bitcoin who defend it from the philosophical side and from technology, for example, they are the ones that interest me the most compared to those who only speculate and only look at the price to sell up and buy down, look, I don't see it badly, we all want Bitcoin to rise, but that way we won't get a large adoption, the way that can be done is by teaching the advantages and the possible disadvantages and so that people are able to make a reasonable choice if it is correct adopt it or not

 

[BullyMaguire]

Other than that it is volatile.. yes i see volatility as a good thing that bitcoin can offer. Without it where else can we.get this much opportunity to grow our money and have an investment in such a young age. Not possible to me only made possible by bitcoin and other crypto

 

[Riberet19]

Other than that it is volatile.. yes i see volatility as a good thing that bitcoin can offer. Without it where else can we.get this much opportunity to grow our money and have an investment in such a young age. Not possible to me only made possible by bitcoin and other crypto

Well there are very volatile assets also apart from bitcoin in the traditional market such as penny stocks but it is true bitcoin is very volatile and is a double-edged sword can make you grow money a lot in a good market time or make it disappear in a bad market time, so it works

 

[a_jerobon]

Other than that it is volatile.. yes i see volatility as a good thing that bitcoin can offer. Without it where else can we.get this much opportunity to grow our money and have an investment in such a young age. Not possible to me only made possible by bitcoin and other crypto

Yeah, its volatility is really a good thing rather than otherwise. This is is because it is what makes it possible to invest and earn huge profits. Without volatility, it would just be something constant. What is required of investors is to learn how to work around the volatility. That way, you can carefully invest and earn profits.