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.

I agree on your opinion that, bitcoin will be have a bright future and as now it become more popular and many potential investors are now investing in bitcoin. In addition to that, I do believe that bitcoin will become our future currency in the future and all banks will accept it and government will also allow to use it as real money.

Hey folks,

what do you think, which tokens are a great investment for 5-10 years?

All people tend to speculate on short-term moves but I am more interested in tokens that will go up x times over the next couple of years...

so to say, the Amazons and Googles of the crypto world.

Which coins are REALLY GROUNDBREAKING in your eyes and why?

I mean Bitcoin started the whole thing but technically there are so much better, safer, faster, more anonymous coins that should take over in the long run.

Please share your opinions

It's true someday we will use digital currency, i really don't know how it would work. The big deal is that people that live in poverty may suffer this big change.

I would like to say that i have kids to and I love the idea of teaching them bitcoin, but maybe not as early as 10 years old. I will let them enjoy childhood as of this time with the physical activities like real sports.
Teaching ang engaging them to bitcoin and virtual life maybe soonest when they themeselves ask for it.

I will learn more information from bitcoin. It helpful to for the future growth and fulfill my family dream. It good to use for the future business improvement. I hold the coin for the future growth now coin price is increase day by day. It good opportunity for the learn more information. It any time to check. So before buy and sell the coin i will check the prices day by day. So time is important for this process.

Hopefully it will be stabilized soon.In my country one of the most trusted banks has started to study bitcoin and all its advantages and disadvantages and once bitcoin will pass all their set standards,they will start to accept it as a new mode of payment.Maybe after 10 years,i see bitcoin as being one of the most in demand currency not just online but also in the real world.I know it has still a big room to grow as years goes by,so apparently lot of people will be more attached on it.

Bitcoin can last forever unless a new coin overtake Bitcoin or the internet shuts down. and as long as there is still internet there will still be bitcoin. That being said it will last for you about as long as it takes you to spend it and there are so many different places to buy and store bitcoin nowadays a lot of people have no idea where to start.

Fiat money is what everybody uses on a typical day, and can not be replaced with a digital currency in just a few moments. This is more likely in the future, becauae technology continues to grow, we have technology higher than before and replacing fiat money with bitcoin will not be possible now, but maybe in the future. Bitcoin is not as popular as others think. Most people do not know that this currency exists, and most of them are not interested in knowing it. .

The discussion which is being done globally on the bitcoin and how it is going to change the way of living and thinking is not being done as it should be because presently they are only testing the implementation of the crypto currency on a limited scale which I fear will take them to the limited problems and not all of them.

The authorities must implement the crypto currency totally on some specific spot of the world and then observe what is the behaviour and which all changes we need in the society for bitcoins.

Bitcoin is considered both as an asset and as a currency, due to mass adoption of bitcoins the value of bitcoins keeps on increasing and so is the demand for bitcoins which makes it more precious than any other asset as there are more potential for the prices to increase it can be considered as a good asset and if you invest now on bitcoins there are more chances for the investors to gain from the bitcoin technology due to hike in the price of bitcoins. Bitcoins are also used as a digital currency now a days many online stores are providing products and services in exchange of bitcoins, certain hotels, restaurants and even some Universities in United States have started accepted bitcoins as tuition fees.

I think that article is stupid at all because here we have no reason to say that bitcoin is at end of its value and also by technology it is more better and can't go for the end .
Because the main reason is that this is a technology which is going better and better then what was in past and next day by day its transaction fee is going down easily , we need to pay very small amount of fee ( since depend upon input and output of the transaction , so here transaction needed 0.6$ for the transaction to confirm in next block ) .
And also this technology is much better then what the banking sectors are using , so how we can assume it at the end , That writer was needed to have publicity with such types of negative news with bitcoin and he got , but here we should always be positive with bitcoin .

Gold, as long as you are buying physical bullion and have a place to store it safely, is the only asset with no counter-party risk, and has tended to keep its purchasing power throughout history. It has no yield, but makes an excellent hedge against the loss of purchasing power of cash.
 
Bitcoins are something totally unique in that they have a very strict increase in supply, and the blockchain is public. It serves as a world-currency that can easily be transfered across borders, but it has drawbacks like low transaction speed.

There is so much more to each of these assets, and I strongly suggest you read more about each and understand further what you would be buying with each one before you go about doing it. You should be able to answer your question here for yourself.

If you want to earn bitcoin without monetary expense then I would suggest you join signature campaign wherein you will be given tokens every after campaign as long as you follow the terms and conditions cited by the manager. If you have enough capital then you can do trading or mining whichever you think you're capable of.

Beggars don't need this to start their life, they need such knowledge that they can use in every battle so we need to teach them the basic things first if we really want to help them, help them stand first then to walk then how to start life beyond the road.

my paper money will still exist even though crypto is used by everyone in the world because paper money is needed to do macro transactions which is certainly difficult to be done by digital currency

So I'm slowly going into crypto and I want to know if any of you trade altcoins daily, or you prefer to hold it for long term? What do you think it's better and why?

Thanks

So Bitcoin is better than Gold?