The advantages of bitcoin

[feehannah]

Some advantages of bitcoin are:

You can receive and send bitcoin anytime,anywhere worlwide.
It is secure,no customers personal or sensitive information contain.
It is also transparent and acts as store value.
You can invest,trade and mine while you are staying at home.

[1713887646]

1713887646

[1713887646]

1713887646

[1713887646]

1713887646

[Bobocantik]

I like bitcoin with a transparent system, Bitcoin can pass transactions worldwide without tax cuts from the state government, And the transaction is very fast and secure without going through a third party. Not just bitcoin, many other digital currencies such as eth, litecoin, and others.

[alexsandria]

Some advantages of bitcoin are:

You can receive and send bitcoin anytime,anywhere worlwide.
It is secure,no customers personal or sensitive information contain.
It is also transparent and acts as store value.
You can invest,trade and mine while you are staying at home.

Bitcoin has many advantages. To name a few: Bitcoin offers an online payment system which gives users security, convenience and fast transaction. Also it provides bitcoin users an opportunity to earn a higher profit through investment.

[tetyulfania]

More advantage by using bitcoin is simple and fast, you will faced different service if your are using payment by cash money, you know how difficult to bring much money when you are making transaction by your consumer. But by using bitcoin payment, transaction more easy and fast. How ever bitcoin have special of payment transaction, where we can take profit by bitcoin price it self, every time bitcoin have grow up of their price and we could take much profit.

[Activitycoin]

Hmm..the advantages of BTCitcoin for me are

  Ease of use to sending money in the form of Bitcoin to other people

  Private...I do not have to go thru any banking or paypal system and diveulge information on who is sending and is receiving. So privacy is key.

  Its fast, no longer do I have to wait for the bank to place a wire transfer and wait in line to fill out forms..again privacy issue.

  Low transaction fees...I do not have to pay PAYPAL or a bank an exorbitant amount to send the money.

  Can do it easily thru a mobile wallet in an instant...all I need is a Bitcoin address and the coin can be sent anywhere around the world/

  And last but least,...there is no middle man to get involved to make them richer of off my back

Nicely stated you are absolutely right I like bitcoin the most because it’s really a reliable way of getting money and you will not have to suffer for it, if you have internet at your home you can earn with bitcoin, money, the advantages of bitcoin are uncountable, it gives us money, it keeps our money safe and help it grow, is a job, it is a chance to change your whole life as well, it helps you to go through financial crises and overcome all your problems.

[fabrizoc]

The main advantage of bitcoin is that no one can block your wallet and forbid you to buy what you want. Using proxies and different wallets, you can achieve 100% anonymity

If you have invested your money into the bitcoin and that you have some bitcoins placed in your wallet and that you have some good information and knowledge regarding the things related to the bitcoin and the crypto currencies and above all, you have some good patience level, then you will surely be able to earn as much amount of money as you want to because of bitcoin and that it will surely help you in getting richer.

The big advantage of bitcoin is that it is a safe and profitable place for investment. More and more people are investing their money in bitcoin because they know the future is that of cryptocurrency and bitcoin is the leading one. You can make huge money if you hold your bitcoin for some time. Patience is important for that. You will have to do nothing just waiting for the price to go up.

[readygoaw]

What I like about bitcoin excess is the cheap bitcoin transaction process. What do you say. Your credit card transaction also happens instantly? Yes, it is true. But your merchant (and maybe you) for that privilege. Some people charge for debit cards, because they have to pay 'friction money' to meet their demands. Bitcoin transaction costs are minimal, or in some cases free. Bitcoin transactions, however, are generally much faster.

For me, Bitcoin has a lot of benefits and advantages (for many of us, too I guess). First of all, it is the currency that I can send easily to any place, in the shortest period of time, and for a small fee.

[BulbaLord]

I think because easy way and easy  transaction.  Like if you wanna buy some things in online shop.  You can use your bitcoin in regular payments. And everyone knows bitcoin is big benefits to everyone. And more advantage because you can invest your money in buying coins and hold it.

[NyLymZbl]

We will have a chance to make if we use bitcoin. By holding bitcoin, our balance will become bigger in the future because we always know that the price of bitcoin continues to increase over year and year. Moreover, using bitcoin will make us understand more the blockchain.

[zngit]

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.

I think this is the compact whole summary of bitcoin advantages.
Low fees? I think that is the problem 'coz as far as I know bitcoin fees increase due to the technical problems. Then the rest no issues.

[Mbah Djoko]

No doubt that has a lot of bitcoin benefits, and I think the biggest benefit is the price that keeps rising so I can benefit when the price goes up and if I want to send money then it is safer because it does not need to go to the banks.

[Tungsten-1]

I like bitcoin with a transparent system, Bitcoin can pass transactions worldwide without tax cuts from the state government, And the transaction is very fast and secure without going through a third party. Not just bitcoin, many other digital currencies such as eth, litecoin, and others.

If you are asking about the advantages of Bitcoin then it has a simple answer that is the daily life problems related to finance or economy. You can get the benefit from Bitcoin in all proportions and similarly a country can also get the same benefit and perhaps more than that from people because country has huge money and if invest in Bitcoin this money will let them the richest.

[youdacapt]

I do not see that bitcoin will be the strongest benchmark, but this coin will be a crypto generator and many systems will switch to making blockchain and altcoin for each country with more complex structures than the current economy. What bitcoin gives will make the digital currency alternative more transparent, the concept of e-money will be more perfect with the crypto system.

[popolite11]

Bitcoin is decentralized and that is a system the world need to move from were it is now to were it ought to be in development. By this you can easily transfer your money to other people. We get lot a of benefits here in bitcoin and really helps us through financial need.

Decentralized currency is our future - it gives all of us freedom. We do not pay a lot for transactions, and we can send the money fast in any direction. Besides all this, Bitcoin is a really great investment.

[Astermony]

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.

I agree with you. There are many advantages of bitcoin. First, accessible. You can access to bitcoin anywhere if you have a mobile data on you phone. Second, anyone can use it because bitcoin is not choosing people. Third, bitcoin will give you a chance to solve your financial problem and many more. So help bitcoin and bitcoin will help you.  

[BitcoinPaw]

Advantages of bitcoin are different and very useful compared to fiat. You don't need any acceptions from banks, no taxes and also you can make transactions everywhere.

[Mikejones64]

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.

You can do business directly to the person you want to deal with.
You can advertise without paying a lot for commercial advertisement.
You can make money by advertising someones business.

[reyblack]

advantages of bitcoin are it makes the mode of payment easily sending money to others is instantly fast like sending text also no tax in every transaction such a small transaction fee also you can buy some stuffs by the use of bitcoin and you can earn lots of money by bitcoin.

For me the advantages of bitcoin is that we can use it here as our way of payments at some stores here in our country. But the best advantages of bitcoin for me is that i can earn high by just holding my bitcoin because it was proven as years pass by that bitcoin became more valuable. Having bitcoin now and hodl longer is an opportunity to be rich in the future.

[King Sastro]

The advantages of bitcoin is we can send money around the world at a very cheap cost, in addition to cheap in terms of speed then send money with bitcoin faster than western union or banks, but the important thing is to have a bitcoin then we can get profit because the price continues to rise.

[petrobit]

The main advantage of bitcoin for me is anonymity and decentralization. Both of these items are extremely disliked by the state institutions and therefore extremely useful for ordinary people.