The advantages of bitcoin

[SOHAIB BAIG]

Its big advantage of btc,it increase my money rapidly...this is a new method of payment we send btc to any one any where no need of any money exchanger or etc

[hxk451]

what is the advantage/upside of BTC, I think by knowing BTC and utilizing it or profiting from BTC is the favorable position. Applying the BTC assertion is additionally leverage with rapid and accommodation in the execution step. In spite of the fact that the cost per exchange is very high, this is the greatest loss of bitcoin The greatest preferred standpoint of BTC is that clients can sit in one place and still have the capacity to make exchanges effectively and produce critical benefits.

[DarkIT]

right now, we can all see the benefits bitcoin has for those who hold it. the price of bitcoin is so high today, and it really becomes something precious and hounded by many people. even I predict will appear other benefits in the near future.

[lestariptr]

Bitcoin has many advantages that are beneficial to me. This will push the economy of the country and society to meet individual needs. And that is why there are so many people who invest in bitcoin

[andrei214]

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.

Yeah i agree on it. Even if there were some disadvantages there were more advantages created. And also, bitcoin helps people to express there ideas about the topics they wanted. 

[Mymikagab]

 Bitcoin,advantage there is no credit card number that some malicious actor can collect in order to impersonate you. In fact, it is even possible to send a payment without revealing your identity, almost like with physical money.

[tranquangvinh]

Bitcoins can help me earn more income and everone can earn more income from bitcoin, which reduces the number of unemployed,
which has a huge impact on society. Something I like about bitcoin, is that anyone can own a bitcoin because bitcoin is freedom ,
 bitcoin can mining anywhere there is internet.

[RamBahadur.Gurung]

For me, the biggest advantage of Bitcoin is that we can store our coins entirely by ourselves, without the need to purchase expensive safes or bank locker accounts. Also, it is quite hard for the authorities to confiscate the coins from someone.

[cotton ball]

Bitcoins can help me earn more income and everone can earn more income from bitcoin, which reduces the number of unemployed,
which has a huge impact on society. Something I like about bitcoin, is that anyone can own a bitcoin because bitcoin is freedom ,
 bitcoin can mining anywhere there is internet.

Bitcoin teaches us to prove that being successful does not have to be comparable with a highly educated person, all are considered the same as being consistently studied, bitcoin business gives us a global understanding and this is very rare for many people who are only involved in global business. Next is to teach people to understand the investment assets, not everyone can understand it well.

[robaya]

What I love from bitcoin is the way we could do a job which is simple to do. And this job doesn't need any degree. Everyone can do this as long as they study bitcoin properly.

[inoymuninoy]

For me, bitcoin has many advantages, one of these is, it can help to sustain the needs of yourself and your family, And government cannot interfere, so you can sure that all of your money is yours. And last, you don't do heavy work just to have money.

[alexandrofff]

I can say about such advantages:

1. Safety from corrupt governments and central banks
2. Deflationary
3. Bank the unbanked i.e no need for bank accounts with lots of paperwork
4. Works with even the modest internet connections as opposed bank apps that need 4G and powerful smartphones
5. Works 24/7
6. Low transaction fees

[MFahad]

There's a lot of advantage of bitcoins. Its decentralized and its cryptocurrency, We can earn hug profit from bitcoins, its Freedom nobody can control it, There's no tax applied while purchasing something, its process fee is too much damn low, Bitcoin is a source of income are helping un employed people to make come money, Its easy to gain bitcoins there's many way to earn it.

[Bitcoinsislife]

Since there are multiple redundant copies of the transactions database, no one can seize bitcoins. The most someone can do is force the user, by other means, to send the the bitcoins to someone else. This means that governments can’t freeze someone’s wealth, and thus users of Bitcoins will have complete freedom to do anything they want with their money.

[patchot]

Advantages
The following are some of the major advantages of using Bitcoin versus other currency systems:

No Third-Party Seizure
Since there are multiple redundant copies of the transactions database, no one can seize bitcoins. The most someone can do is force the user, by other means, to send the the bitcoins to someone else. This means that governments can’t freeze someone’s wealth, and thus users of Bitcoins will have complete freedom to do anything they want with their money.

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.

No Risk of “Charge-backs”
Once Bitcoins are sent, the transaction cannot be reversed. Since the ownership address of Bitcoins will be changed to the new owner, once it is changed, it is impossible to revert. Since only the new owner has the associated private key, only he/she can change ownership of the coins. This ensures that there is no risk involved when receiving Bitcoins.

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.

[MarkTrade19]

Here are the some best Advantages:
payment Freedom
Low fees
It's fast
No Taxes
No Third-Party Seizure
Fewer risks for merchants

[Ronaldcoin2017]

There's a lot of advantage of bitcoins. Its decentralized and its cryptocurrency, We can earn hug profit from bitcoins, its Freedom nobody can control it, There's no tax applied while purchasing something, its process fee is too much damn low, Bitcoin is a source of income are helping un employed people to make come money, Its easy to gain bitcoins there's many way to earn it.

Yes i agree on that bitcoin is really many advantage than using any other coin because bitcoin today has  a really great demand in the market and it has really a big capability to rise up in the near future because it has a good feedback in all investors  and it really works maybe some people didnt know bitcoin yet but i believe there are more believer than who did not believe because bitcoin is really amazing.

[DIW]

According to an article I recently came across, these are 20 advantages of Bitcoin:

1.   Anonymity
This is one of the main benefits of using Bitcoins. When you make payments through your bank account, these are usually easy to track and have identification marks. On the other hand, Bitcoin transactions are hard to identify. Hence, those who transact with Bitcoins gain knowledge of the addresses through which payment is received or sent.
2.   Private transactions
Bitcoin transactions remain anonymous as well as private. The transactions only come with sender’s Bitcoin addresses that reflect the transactions in someone’s Bitcoin account. The addresses cannot be traced back to an individual. It is akin to tracking a payment that has come to a bank account, but you will not gain information about the person who has sent the payment.
3.   Freedom of payment
There is much freedom when it comes to making payments through Bitcoins. One can send Bitcoins to anyone in the world. One is not limited by banking hours of operation or payment limits.
4.   No intermediaries
This is another advantage of using Bitcoins for making payments. As there are no intermediary parties involved, such transactions happen instantaneously and with less delay. There might be lagging due to conversion from one form of currency to another, but usually intermediary agents are not involved in Bitcoin transactions.
5.   Minimal or low fees
There are hardly any transaction fees that are involved in Bitcoin transactions. Usually processing fees are low or minimal. In case one wishes to get instantaneous transfers there is a low transaction fee that comes in. As there are no intermediary parties involved this also eliminates the need for transaction fees.
6.   Security for merchants
Merchants who use Bitcoin transactions usually benefit in many ways as these transactions are irreversible and secure and do not contain personal or sensitive information of the customers. Merchants are protected from charge backs that can be fraudulent or losses that often result from fraud.
7.   Fast transactions
The transactions using Bitcoin are usually faster if you compare the same with traditional banking transactions. A transaction in Bitcoin can be fast as done in ten minutes, similar to sending of an email. There are zero confirmation transactions that happen instantly when merchants take the risk of accepting transactions that are yet to be confirmed by the Blockchain of Bitcoin.
8.   No dependence on governments
The paper currencies that we use are dependent on the monetary policies of a country’s central government. They are given a certain value, but currency notes could be demonetized and at such situations, these notes would not have value at all. Unlike paper currency notes, Bitcoins are not centralized currencies. This is a crypto-currency that is recognized and accepted in digital money markets. In many markets, regions and places it has legal status and can be exchanged in return for cash as well.
9.   Security of information
There is no personal or financial information that can be stolen from Bitcoin transactions. Most people who make online transactions through credit or debit cards or bank accounts usually risk having their private information exposed and stolen.
10.   Secure transactions
The transactions that happen with Bitcoin are usually with a private and a public key. The public key is visible to anyone but the private key owned by a user is a secret. A transaction of sending Bitcoins is done by combining private and public keys together, which creates a unique certificate that is proof of the transaction.
11.   Unaffected by inflation
As Bitcoin is a crypto currency, it is unaffected by inflation factors, unlike how paper currencies get affected by inflation and monetary policies of the government.
12.   Creating Bitcoins
Similar to how governments can print currencies, a user can use Bitcoin mining software to gain more Bitcoins for themselves. This is a unique technology and a method that is not available with other currency modes.
13.   As a crypto currency
Bitcoin is a crypto currency whose legitimacy is maintained with Blockchain. It is a way of ensuring evidence of the Bitcoin transactions which is done by a decentralized network of computers where records of the Bitcoin transactions are maintained and are irreversible records. It is akin to an electronic ledger that connects different parties in an integral and trustworthy manner as well as maintains records of transfer of Bitcoins in a genuine and legitimized manner.
14.   Secure transaction records
With Blockchain technology Bitcoin transactions are recorded in a secure manner. This is done by generating a sequential chain of digital keys that are cryptographic in nature.
15.   A unique trading platform
Bitcoin and Blockchain facilities trade between two or more parties as Bitcoins are safe and secure as well as legitimate while Blockchain maintains records of the different transactions that take place.
16.   Efficiency for businesses
Transactions are settled between two or more parties in a fast manner as there are no intermediaries involved. Smart contracts can be triggered automatically that can make commercial transactions fast and as per contract terms.
17.   Ease of auditing
Transactions of Bitcoins are registered with Blockchain technology for which records are created that are sequential and cannot be reversed. Hence, the audit trail exists when two parties transact with Bitcoins and this exists forever.
18.   Ease of tracking
Even though Bitcoin transactions are anonymous and private, these are easy to use to track goods which can be advantageous for a commercial supply chain process.
19.   Transparency
The unique blend of secure and anonymous transactions with Bitcoins recorded in a legitimate and indelible way by Blockchain makes such transactions transparent which can be beneficial in commercial transactions.
20.   Feedback benefits
As all transactions with Bitcoin are recorded with Blockchain, an asset’s movements and its life cycle can be traced easily in different stages like shipping, warehousing, decommissioning and so forth.

The above points showcase the different benefits that one gets by using Bitcoin and Blockchain technologies.

[harbin55]

You earn money without investing.You can play and earn.
Good investment platform

[Lannie25]

Bitcoin provides convenience to the fullest for every people in the society. At the same time they kill some time allotted for manual procedures and paperwork’s, which is a big help for the everybody’s life.