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Author Topic: The advantages of bitcoin  (Read 20492 times)
Wonder_woman
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January 24, 2018, 09:56:41 AM
 #1501

There so many advantages of bitcoin like if you are a business man you can use bitcoin as an asset for trading, if you want to save money you can convert your money to bitcoin and store it on a bitcoin wallet instead of saving it on the bank, also, if you want to transfer your money you can do bitcoin wallet to bitcoin wallet transfer, you can also use bitcoin to buy goods online. There are really many things that bitcoin can do and I think those are bitcoin`s advantages.
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X2PR8888
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January 24, 2018, 10:01:37 AM
 #1502

I agree that bitcoin does have a lot of advantages and that one of them is it creates income for a lot of people but it does not reduce unemployment.  I say the latter because, yes we have seen how many people are resorting to bitcoins now because you pretty much are the boss of your own company in doing so but it still cannot, at this point, really drive th already unemployed sector to try and see how bitcoin can make them earn a decent living; quite frankly, that's sad for me because not everyone gets to see how bitcoin can help anyone as long as they have access to the internet.  As for the advantages, no question there are a lot and for me, the top two things are first, it's convenient to earn bitcoins and so can augment daily income, and second, its global and so can be used anywhere in the world!

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January 24, 2018, 10:09:29 AM
 #1503

For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
Yes it is too much ...the advantages of bitcoin is so widely...For me bitcoin can make your life more better and prosperous than before. It creates more ideas and it gives more help to every people mostly experiencing the advantages of bitcoin is the poor people that does not have an employment that is fully sufficient for thier daily needs but in bitcoin it makes it more and wider. As it mention on the top thier are too many advantages and more but unmentioned.
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January 24, 2018, 10:12:17 AM
 #1504

For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.

I believe bitcoin has tons of advantages if it is properly learned all of the activities involving bitcoin is properly executed, because I still see some people who are complaining about not earning bitcoin and some of them are even reluctant to buy when bitcoin has a low value which should be the right thing to do in the first place.
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January 26, 2018, 07:39:11 AM
 #1505

For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.

I believe bitcoin has tons of advantages if it is properly learned all of the activities involving bitcoin is properly executed, because I still see some people who are complaining about not earning bitcoin and some of them are even reluctant to buy when bitcoin has a low value which should be the right thing to do in the first place.

The most obvious advantage of bitcoin is that P2P decentralization and algorithms themselves can ensure that currency can not be artificially manipulated by massively producing bitcoin. The biggest difference between bitcoin and other virtual currencies is its very limited number of scarcities.
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January 26, 2018, 06:36:32 PM
 #1506

when it comes like paying or online transaction it lessen the money you need to pay because bitcoin has a high value now. and if case emergency you can pay right now because btc is online.
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January 26, 2018, 09:07:58 PM
 #1507

And you must also include Bitcoin is a decentralized digital currency form. That is one of the main features of Bitcoin. That means the way Bitcoin transactions are sellers and buyers In addition, the anonymity of its users is also protected. And we must continue to support bitcoin in our country so that soon in legal right. Roll Eyes
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January 26, 2018, 09:14:16 PM
 #1508

Bitcoin has a lot of advantages. You can use it to send money to other person. You can buy goods from the establishment you offer bitcoin payment.it very convenient nowadays to use it as mode of payment.
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January 26, 2018, 09:15:45 PM
 #1509

Yes it's true that's one of the advantages bitcoin, I think there are still many advantages provided by bitcoin like young children can learn to make their own money so more independent not a few of them can produce more than people who work office. For like me, just a housewife can earn extra by simply online from home without having to leave child and home.  Grin

There are lots of advantages of bitcoin. We can enumerate at least 3 but there are so many. People who are using bitcoin help themselves to have a job. It decreases the unemployment rate since bitcoin serves as a job or after getting the money, they can build the business that they want and serves again as a job. Another one is that they can be helpful for students and ordinary people as well. They can use it to make money without even investing money. It helps to buy things that they want.

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January 26, 2018, 10:01:17 PM
 #1510

for me the advantage of bitcoin is the easy and convenient to transact, minimize going out to pay bills, and  benefit from bitcoin is that will earn extra income and the unemployed wife has the ability to earn and help their husband.
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January 26, 2018, 10:04:15 PM
 #1511

my opinion the advantage of bitcoin is that it helps people in earning extra money. And in which the plan helps the unemployed people
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January 26, 2018, 10:28:20 PM
 #1512

Bitcoin has many advantages, it has very low transactions fees or either no fees, and its fast and secure. Bitcoin can be sent anywhere part of the world in everyone. It gives profit and opportunities to invest and extra income to the people. It can be used in any country and you can keep bitcoin in digital wallet on your computer.
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January 27, 2018, 01:06:38 AM
 #1513

Yes it's true that's one of the advantages bitcoin, I think there are still many advantages provided by bitcoin like young children can learn to make their own money so more independent not a few of them can produce more than people who work office. For like me, just a housewife can earn extra by simply online from home without having to leave child and home.  Grin

There are lots of advantages of bitcoin. We can enumerate at least 3 but there are so many. People who are using bitcoin help themselves to have a job. It decreases the unemployment rate since bitcoin serves as a job or after getting the money, they can build the business that they want and serves again as a job. Another one is that they can be helpful for students and ordinary people as well. They can use it to make money without even investing money. It helps to buy things that they want.
Indeed. The bitcoin really help those people who are not employed because with bitcoin they can now earn money without having a stable or regular job because the bitcoin offers a lot of opportunities that they can grab and that is why even though the employed people are transferring into bitcoin because of the ease of income which is one of the biggest advantages of bitcoin.
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January 27, 2018, 01:45:52 AM
 #1514

The advantage of bitcoin is all can work in bitcoin if you just eager to learn on bitcoin. It is easy also to earn bitcoin just like just posting and commenting here. So the advantage of bitcoin is it easier to earn that's why there are many people who get rich because of bitcoin.
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January 27, 2018, 01:50:16 AM
 #1515

The advantages of Bitcoins is you can invest and earn. You can use it to buy everything you want, and you will save for the families future. And you can teach it to others so that they will learn too.
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January 27, 2018, 01:51:01 AM
 #1516

For methe advantages of having a bitcoin is that you can earn money. With just proper and enough knowledge about bitcoin you can earn much profit. Investing to bitcoin or joining a campaign are some ways to earn using bitcoin.
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January 27, 2018, 03:55:34 AM
 #1517

There are many advantages of bitcoin and at the same time disadvantages. Since we are talking to its positive side, then let's focus there. Bitcoin can make the worldwide transaction easier which means that someone won't take so much of his/her time. Another thing is that, since the value of bitcoin has a potential of increasing its value as the time pass by then some people make it as an asset because it can make someone's life successful there's a sudden pump happened.
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January 27, 2018, 05:04:45 AM
 #1518

There are many advantages of using BitCoin in lieu of online money transactions. BitCoin is a global exchange rate, meaning BitCoin is not owned by any country, making it easy to use anywhere in the world. This makes international transactions easier as there is no discussion of payments to be used in accordance with country rates and of course prices are not affected by the exchange rate of the country's currency.
 
Another advantage of using BitCoin is that the rate is not controlled by a national bank or other state entity. That is, BitCoin exchange rate is not affected by the economic condition of any country, just like gold or petroleum.
 
Furthermore, because there is no intermediary during the transaction so no costs or fees are required. There may be changes later on based on how to manage the exchange rate, but it does not seem to change much from the current one.
 
Then, the BitCoin you have is stored in your computer's wallet file, so you can control your own finances. BitCoins are not stored on accounts that can be frozen at any time. In addition, you also do not have to worry about the limitations of transactions or other limitations as is commonly encountered in banking
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January 27, 2018, 05:12:16 AM
 #1519

With bitcoin each and everything is advantageous, in specific this concerns upon users self interest. In the past bitcoin got used for drug purchase and for several other illegal needs. Now this has changed a lot, so it is purely on users thought whether it needs to be used advantageously.

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January 27, 2018, 05:12:51 AM
 #1520

There are a lot of advantages of using bitcoin, Because you can use bitcoin for money transaction and it can be use worldwide and it is much easier.
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