The advantages of bitcoin

[bembi]

yes, there are lot of advantage of bitcoin and one of my favorite is bitcoin in paying bills online, because it's hassle free and easy. you can also buy load  using bitcoin and the price also is moving up and nothing to worried about because bitcoin is safe.

[stephylarde]

Bitcoin helps to make money, but he does not reduce the number of unemployed. It is not even the currency you need to earn now, but the investment that secured people can afford.

No third party seizure, no taxes, no tracking,  no transaction costs, no risk of "Charge-Back" and Bitcoin cannot be stolen.

[chenging14]

Advantages of bitcoin are:
No Taxes
There is no way for a third party to intercept transactions of Bitcoins, and therefore there is no viable way to implement a Bitcoin taxation system. The only way to pay a tax would be, if someone voluntarily sends a percentage of the amount being sent as tax.

No Tracking
Unless users publicize their wallet addresses publicly, no one can trace transactions back to them. No one, other than the wallet owners, will know how many Bitcoins they have. Even if the wallet address was publicized, a new wallet address can be easily generated. This greatly increases privacy when compared to traditional currency systems, where third parties potentially have access to personal financial data.

No Transaction Costs
Sending and receiving Bitcoins requires users to keep the Bitcoin client running and connected to other nodes. Essentially, by using bitcoins users will be contributing to the network, and thus sharing the burden of authorizing transactions. Sharing this work greatly reduces transaction costs, and thus makes transaction costs negligible.


Bitcoins Cannot be Stolen
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.

[Anewor]

Bitcoin helps to make money, but he does not reduce the number of unemployed. It is not even the currency you need to earn now, but the investment that secured people can afford.

You have a point, on some aspects though it did help the person earn from investments but those who are poor and needy still lives the same. It did not help them because they need to be trained like most that I have known, my friends and the people around even have a hard time understanding bitcoins. But for some as yiu said it did help them. One thing wonderful about bitcoin is that it could help the community since money can be distributed across nations. It is like you are working like overseas working for oneself and the country by doing it online.

[Piapia]

Day by day Bitcoin is getting popular in the first world countries. it has already made a great impact on using in the various purpose of the daily life. In Japan, South Korea, United state, Canada it is using in various perspective. not only that Bitcoin is being used for the future purpose. making a profit on investment and saving, working with a regular work on the Bitcointalk besides a lot of advantages in here.

[Mia-]

Many advantages like earning money from it even you are just in your house, anytime of the day and no matter how old are you. No limitations since you are in control of your bitcoins, it depends on how you will use it to increase your money. Too, there's a lot of ways how to use your bitcoins such as payment for billings, transfer of money and buying things with no hassle.

[Taiayam]

One of this is being efficient in the exchange market and has high potential when it comes into using it to different modes of payment. Also, it is profitable which in particular is the signuseature campaigns, and it is also secure and safe amongst other.

[Suffoc8]

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.

We have the same thoughts about bitcoin. It have many advantages like it gives individual a money to purchase his or her daily needs, it decrease the people who dont have a job to make his own money and it enhance the english skill and communication skill of a person.

[Satish147]

The main advantage of Bitcoin is limited amount of coins and generated with efforts through mining and due to this the blocks cannot be replaced at all. As of now BTC is using a medium of exchange for most of the altcoins.

[Damsel_7]

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.

Advantages of bitcoin:

Low transaction fees-cheaper compare to other
Payment anywhere-anywhere and anytime in the world, we are in control of our money in bitcoin
Security- bitcoin can be backed up and encrypted and protected against identity theft
Low risk on merchant side-very hard to cheat because it is protected through the blockchain ledger
Transparency
 

[paulo29]

There's a lot of advantages of bitcoin, to name a few are; it generates income. job, investment, educate and develop oneself. If you be one of so many into this digital currency, it will give you extra income to improve your purchasing power,it will help you to be more patience, decisive, critical thinker and responsible.

[Dapper]

It's much easier to pick up and start a new life in a new country with bitcoin (or any crypto that can be exchanged).   Refugees, people coming to an end in relationships, or even people who just want to start fresh somewhere.   Just get on a plane with a few hundred thousand USD or a few million in crypto, depending on your needs.   No need to explain any bank transfers to anyone.   Just slowly exchange whatever you require to fiat or by using any of the crypto debit cards available nowadays.    Just another regular person rolling a carry on bag through the airport....

[lyndon30]

There are many advantages you can get here in bitcoin such as you can purchase money to buy our personal or daily needs. It can also help to those who are unemployed person to be an employed so that they can earn money. We can also improve our english speaking or communication skills. Bitcoin is so helpful today and to everyone.

[millenniumcoin]

Yes! the advantages bitcoin also  includes the following -
1.Bitcoin provides financial freedom-
If you don’t have access to a bank account, you are part of the “unbanked.” Bitcoin can allow you to be your own bank. Bitcoin is simultaneously an open financial protocol and a currency required in order to transact freely on the protocol.

2.Easy to carry -We are quickly moving past the days of carrying around paper cash or pulling out your credit card. Bitcoin goes several steps further than the convenience of credit cards by equipping users with a payment option that is significantly lower in fees, provides virtually instantaneous transaction time, and is accessible through the dozens of bitcoin wallets.

3.Bitcoin was designed with your privacy in mind

[humayan]

You can use bitcoin to overcome poverty.
It reduces the unemployment  in the country.
Bitcoin helps to earning money very easily.

[Adine.lablab]

Bitcoin and crypto currencies in general have lots of advantages in relation to traditional payment methods and it helps to reduces to unemployment people to many country to help them earning money and also to emprove skills to your knowledge and its secure and safe

[Xenoph0bia]

Bitcoin and crypto currencies in general have lots of advantages in relation to traditional payment methods and it helps to reduces to unemployment people to many country to help them earning money and also to emprove skills to your knowledge and its secure and safe

There are some advantages of bitcoin.Transactions through bitcoin are very easy than the physical money. Bitcoin is the easiest medium through which you can earn money.The signature campaigns pay us decent amount of money.Investing in Bitcoin is the fastest and the most effective way to earn Bitcoins.Taxes cannot be implied on Bitcoin so the person can receive the full amount of money. Bitcoin also teaches us about the market according to which we can perform tasks related to investment,trading etc.

[TomLynch]

Bitcoin is a easy transaction. It's global currency,meaning you can transact to different countries. It helps businessman's or other people to have extra source of income.

[kuntet99]

because of the bitcoin of people around the world whose economies are scarce, now could be better, maybe even a sudden rich man.

[Dilhara642]

there are lot of advantages.first one is it makes a big profit for people.and the other one is its digital and there is no intermediate person for transactions.people can do their own transactions by themselves.