What are the advantages of having Bitcoin?

[weblouartisan]

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? 

There is a lot of advantage if you are going to hold bitcoins, The market is volatile and because of that we are not sure and we cannot predict the future but the good thing about that is bitcoins keep on increasing and there is a lot of demand on it.

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[Jedie22]

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  

There are lots of things that bitcoin can give like this is the only digital currency that can be a payment method paying our bills and credit card also.It is also beneficial that we can get here another source of income.It is easy and comfortable to use this kind of digital currency.

Yes, bitcoin offers to me a lot of opportunity when it comes to supply my daily needs. Bitcoin offers me a big opportunity today to make my dreams come true like building my own business soon. But I didn't take for granted to have my own investments in bitcoin which is for me is it's biggest advantage is providing   a good life to its user and trader.

Aside from having an opportunity to be financially stable or having something to be used in our daily needs , to spend for our everydays life. We have also an opportunity to have an investment if you will continue to hold your bitcoin.little by little you will earn bigger.

I agree on your own opinion dude, having a bitcoin gives help to each and everyone of us as users in the bitcoin community. Bitcoin and the blockchain network has helped me and other users tremendously by providing an additional source of income by working on the bitcoin and crypto network, bitcoin has helped to transact or make payments online as I using a coins.ph, throughout the world without relying on any third party is involved.

[Isaacck1]

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? 

Other than being a virtual money, bitcoin has also characteristics that you can not find in cash. Bitcoin is decentralized. Bitcoin provides anonymity. And bitcoin provides opportunities that the general can acquire. Because of bitcoin, jobs as of now doesn't have too much requirements that makes students like me grab an opportunity for a job.
Another advantage of bitcoin is it was the first cryptocurrency that was introduced.

[Lumbarian]

Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. This can be a major advantage for travelers. Additionally, any transfer in Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and wait periods.

[Mantisa83]

Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.

[Vatimins]

Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. This can be a major advantage for travelers. Additionally, any transfer in Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and wait periods.

Yes. I do agree that this really are the true advantages of bitcoins. Besides the fact that it can extremely increase your money if you decide to invest in it as well plus the fact that you do not have to give out any personal information with every transaction. Which for me is really convenient and less hassle. But the thing is, the fees are rising extremely also together with the time needed to finish the confirmations in each transaction which in a way is slowly destroying bitcoin's reputation.

[Deathgamer]

The advantages of having bitcoin is that you can transfer it very quick less hassle and very convenient.Also bitcoin price is volatile so it goes rise and drop compare to US Dollar,Bitcoin is really good specially when it comes to investment because youll be able to earn really big and get rich if the value will increase and you will sell your bitcoin.

[HiringYou]

The advantage of having a Bitcoin is that we have invested our money in an asset whose price is going to touch new heights in future.This means that we are going to earn tremendous profits in coming future.The other advantages of having a Bitcoin is that we can use it for transactions within and outside the country and these transactions will be anonymous which means that no government or bank will be able to track it.This is so because Bitcoin is decentralized in nature due to which government has no control over it .

[qwertyuiop0987654321]

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? 

Having a bitcoin means you have more money in your virtual money or own currency. Having more bitcoin means you have more wealth. It is like your future is secured. You ain't needing to think about losing. Since, the value of it is unstable, and most of the time rise up thus your money rise up too.

[munify]

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? 

The creation of a currency is to transact, as well as virtual money. And why choose bitcoin, because bitcoin is beneficial. Is not that a fun option.

[yopaa]

This is why I'm like bitcoin more than other fiats currencies,

User Anonymity

Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.

No Third-party Interruptions

One of the most widely publicized benefits of Bitcoin is that governments, banks, and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies.

Very Low Transaction Fees

Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. This can be a major advantage for travelers. Additionally, any transfer of Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and waiting periods.

[mejalipat]

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? 

I think the advantage of having bitcoin is certainly an investment and can sell it at a high price so it can be profitable

[kmlkkl]

Digital currency that is constantly priced according to the market.The Internet is a digital currency that does not end up as long as it has been used.I will be wondering about its expansion and how to make payments in the future.

[swiftbits]

You can use it to send funds anonymously and can be used for many opportunities like trading and investing, you can earn and you can get profit if you buy it on dip, if not, just hold it because the price will eventually grow.

I don't have a whole btc, which I really hope I can get on the coming year, I have a lot of thing to plan and to do with it, 1 Bitcoin is very expensive to have this time but a small piece of it is good for a start. Hopefully learn more in trading

[Sithara007]

This is why I'm like bitcoin more than other fiats currencies,

User Anonymity

Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.

No Third-party Interruptions

One of the most widely publicized benefits of Bitcoin is that governments, banks, and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies.

Very Low Transaction Fees

Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. This can be a major advantage for travelers. Additionally, any transfer of Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and waiting periods.

Thanks for the copy-paste. But none of these are true anymore. The law enforcement authorities are now capable of tracing back the Bitcoin transactions to the individuals, as evident from the arrest of several drug dealers in the EU during the past few months. And the transaction fee has increased to insane levels, with users paying up to $120 for a single transaction.

[pinoyden]

This is why I'm like bitcoin more than other fiats currencies,

User Anonymity

Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.

No Third-party Interruptions

One of the most widely publicized benefits of Bitcoin is that governments, banks, and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies.

Very Low Transaction Fees

Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. This can be a major advantage for travelers. Additionally, any transfer of Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and waiting periods.

bitcoin is not totally anonymous because users who uses it can still be traceable or trackable by linking on their bitcoin wallet address or public address.

No Third-party Interruptions

bitcoin can still be interrupted because transactions are not always process instantly and most of them are unconfirmed due to network congestion.

Very Low Transaction Fees

bitcoin doesn't have low transaction fees rather it's fees are very much expensive due to the current price of bitcoin which is also high.

[cjcourt01]

bitcoin is that it is a best money the other money used of it . bitcoin is the best asset.

[Saftention]

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? 

you can use it for every things pron,gambling,drak net or cash it and buy what you need.

bitcoin also investment and trading

[Goodsamaritan]

The advantages are your fiat money turns into an investment and you could earn more on it than saving it on your pocket. Also your money is somehow safe by the means of it prevents thiefs in your house from getting it. The biggest advantage is your fiat money turns into a asset.

[sidebyside]

I find that bitcoin is the most lucrative tool today. Prices have fluctuated continuously over the past few months. Bitcoin evokes many good business ideas. Many schools now accept bitcoin to pay for tuition. It is also very useful for the future. Make payments easier and faster