The advantages of bitcoin

[migz28]

The advantages of bitcoin are having an opportunity to someone who are unemployed to have an extra income, you just have to follow an easy instructions ..

[sulendra12]

The advantages of bitcoin are having an opportunity to someone who are unemployed to have an extra income, you just have to follow an easy instructions ..

This is not that easy. If you're thinking like you have to do a signature campaign, that isn't the way.

How about people that don't know about this forum? They have to do trading and earn through faucet that really waste your time (but in the other side, faucet is a good stuff to learn for beginners)

[Jas18]

The advantages of bitcoin are having an opportunity to someone who are unemployed to have an extra income, you just have to follow an easy instructions ..

This is not that easy. If you're thinking like you have to do a signature campaign, that isn't the way.

How about people that don't know about this forum? They have to do trading and earn through faucet that really waste your time (but in the other side, faucet is a good stuff to learn for beginners)

Yes i agree, not all people were given the chance to have a knowledge about our forum. However, we could help each other by sharing our wisdom about bitcoin and this forum. I think it would be simple but maybe gradually we can help bitcoins popularity at the same time we are able to help other people.

[elkafee79]

i think and i believe there are a lot of advantages of bitcoin, but what i think is more significant is that bitcoin is changing the landscape of social structure, it should be seen as a post structuralism, because before we believe and think that society should be "govern" and ruled in one side model, which of course create hierarchy and power over people, but the concept of bitcoin which is private, everybody take part in controlling, accepting and approving is a kind of a new model for our next society.

there  are a lot of advantages of bitcoin it proc=vied a jobs to the people and its transitions are also very fast every day new people are joining bitcoin because of its great services and  can make yourself rich with bitcoin in a short time.

Yes, I think a lot of advantages for bitcoin I really like bitcoin systems that allow users to make a profit. Many conveniences

[sumanto]

the benefits of bitcoin are actually so much that I can not mention everything but all you can know is bitcoin can provide a lot of benefits for those who can play bitcoin. not only that bitcoin can be used throughout the country and the government or the bank can not menguasi which means can not be controlled by anyone.

[elkafee79]

Advantages of bitcoin are it helps people especially those who are jobless , bitcoin is instrument for having an income of people for their daily lives ..

yes, i think your opinion is right. jobless can have benefit with bitcoin.

[plaintiff77]

There are a lot of it actually. One for me which is the best is that whenever you have more bitcoin earned, there is a bigger opportunity for this to grow and grow as time goes by since its price is not stable. It can go very high that could possibly make you rich in an instant and you czn acquire luxuries whatever you want.

[Casmiro]

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.

The advantages of bitcoin all you have to say well, clear, and easy to understand. However, besides that bitcoin has provided many advantages and progress for this world. One of them is bitcoin has succeeded in lightening the burden of government by reducing the percentage of unemployment in the world by making bitcoin or crypto as a place to earn income and increase income.

[logicgate]

There are many advantages of bitcoin in blockchain technology like easy paying our bills, bitcoin convert to fiat, every transaction online. It's so easy and fastest to earn money from with it, you will become rich if you know how it works and have a skills, experience.

Most industries can benefit the blockchain and it's not necessarily that bitcoin will be useful to everything.
But, people who invested this will not allow for bitcoin to be useless so they will continue to support it and educate people that it was
bitcoin who introduce the blockchain and it's just right to also patronize bitcoin.

I guess you need to reconsider few things, the top of them is that it is useful for all. Anyone from any background can use it according to their needs for instance a businessman can use bitcoin for fast online transactions and that too big transactions, a student probably use it for paying tuition charges or for earning for the college fee. Retailers can again use it as a mode of payment. On the whole, it is highly useful.

[websoftwareengineer]

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.

Definitely all you have mentions are the advantages of using bitcoins. Most of the people uses bitcoin because of  it's features and it can give us extra money to fulfill our daily needs in our family. And also anyone from any country, of any age can accept Bitcoins within minutes.  There is no ID card, passport or proof of address that all conventional banks required to open an account.  All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generate a Bitcoin Address.

What's the best about cryptocurrency or bitcoins is that, it is really good for long term investment. Another thing is that, you can use cryptocurrency just like credit cards and you can purchase different products online in a cheaper value.

[Blue Bell]

yes, like everything you have explained about the benefits of bitcoin, I have come to the conclusion that bitcoin is a financial asset that has many features that are very profitable and certainly not owned by fiat currency in general. so there is no denying what bitcoin has given to a fairer economic progress because there will be no cheats that can be done on bitcoin.

Yeah bitcoin has a lot of benefits and we cannot completely even count the benefits of bitcoin, price of bitcoin is very high which makes high profit for us, with the passage of time price us to increase in price and people get an opportunity to sell at very high price, now we can use bitcoin to buy all kind of goods from market without going out of our house, the other thing that is best about bitcoin is that it is very reliable to hold and to save for our future bad days,  we can use bitcoin as an additional source of income and we can get profit from it at the same time, so bitcoin has a lot of advantages.

[cmacwiz]

The advantages that Bitcoin offers are already in other emerging alt coins. They even have better features in actuality. The only real advantage that Bitcoin has is its popularity since it is the first go-to coin for people who want to start with crypto.

There are also some other advantage are present. Bitcoin is globally but widely accepted and in everywhere it has the same value and it is also help in to exchange one country currency into other with profit . Bitcoin is used by many online retailer. If you have Bitcoin then you can take the advantage of shopping with out using money. Another biggest advantage is its money transaction facility. In which no third party like bank interfere. And it secure too. And if you earn money through Bitcoin then you don't have to pay tax.  

[romero121]

The future is gonna be completely functional on digital growth. In this way surely bitcoin will find its way in the place of fiat in large scale making the changes. Bitcoin as a single source has got multiple usage, and the same makes it more advantageous even when more and more cryptocurrencies were available in the market.

[PatronRH]

The advantages are that it is untraceable, decentralized, hot a finite reserve and volatile yet many other coins have  the same pros and even better ones.

[anaumar]

bitcoin is transparent we will know where the direction of transactions made by people and bitcoin is also very special because of the decentralized nature which means not tied to anything and free to the world

[dekafee79]

The advantage of bitcoin, you dont need to work under the sun to make money, you dont have salestalk your customers to earn money, in bitcoin you just have to invest or post to earn money.

yes, bitcoin is easily and fastly to invest or post to earn money.

[blitz18]

The advantages are that it is untraceable, decentralized, hot a finite reserve and volatile yet many other coins have  the same pros and even better ones.

This is one of the good advantages of bitcoin decentralization not traceable when we make transactions anytime. Also, we can make payment that means fast transactions without hassle. Bitcoin for me has really a good future because of so many usage.

[bitcub]

The most attractive feature and advantage of Bitcoin is its ability to grew its value. Overtime Bitcoin is gaining value because lots of people are holding it like an asset. A 10usd worth of bitcoin 8yrs ago is now a million dollar asset.

[burong1]

Advantages of bitcoin are it helps people especially those who are jobless , bitcoin is instrument for having an income of people for their daily lives ..

I think the advatages of bitcoin is a easy transaction and ut can help those unemployed  people ,bitcoin has a lot of opportunity  guven to us but its up to us whether  we are going to grab it or not because we know that bitcoin is a life changer and through bitcoin we can earn big profit and we can earn money that we dont think we can .

[Lexurdania]

Many advantages on bitcoin. As investment, bitcoin can provide big gain and as we know, bitcoin give gain more than 10x last year. As payment, bitcoin offering low transaction fees and fast transaction