Some of the benefits of Bitcoin ...

[maxreish]

You have forgotten the blockchain benefits behind bitcoin. It also benefitted to some of the businesses who used this technology. However, it  has so many benefits. Peer to peer and anonymous transactions, paying my electric bills and other stuffs with bitcoin. Acquiring good profits from bitcoin trading, etc. To do this certain things, it is indeed a priviledge. Though as of the moment, there are still some issues and glitch but in due time people will recognize it's advantage

[Swordsoffreedom]

You know that Bitcoin is most popular cryptocurrency, and its popularity is increasing day by day. Those who have invested in Bitcoin, they are still benefiting, and will benefit more in future. The main reason for this, you know that the total supply of Bitcoin is limited, there is 2 million Bitcoin all over the network and it will not increase. so, the logic is, with the increase of people interested in BTC, its price will also increase. on the other hand, many online shops are now accepting BTC payment, many tour agencies accept BTC as their payment method, Bitcoin is making our life easier. that's why many people are interested on it.

[yhiaali3]

There are a lot of benefits to Bitcoin really more than just using it to buy some things online !!! Any other coin can be used to do this, which makes Bitcoin distinctive as it is an existing financial system in itself created to replace the corrupt banking system prevailing in the world (as Satoshi himself said), Bitcoin is a store of value, that is, it has a value in itself and not just a way to shop and this It means that it can be stored with its value remaining (like gold). The most important thing in Bitcoin is decentralization and privacy. It is these things, in my opinion, that give Bitcoin its popularity and power.

[lienfaye]

Bitcoin is like digital gold where you can store your money and no one can control it. Unlike if you put your money to bank, less interest and can be compromise.

Plus the fact that bitcoin is high volatile it can give us an opportunity to earn while waiting for the right timing to take profit. Its a digital currency but many things can be done compared to fiat.

Its an advantage for me to have a local wallet and can spend bitcoin easily and I can do business as well because they have high rebates for paying bills and topped up services.

[rodskee]

Bitcoin is like digital gold where you can store your money and no one can control it. Unlike if you put your money to bank, less interest and can be compromise.

If you are using a hardware wallet then you are correct, this digital currency can serve as store value assets. Better
than letting the banks to earn more from your money.

Plus the fact that bitcoin is high volatile it can give us an opportunity to earn while waiting for the right timing to take profit. Its a digital currency but many things can be done compared to fiat.

The volatile nature gives traders and investors a good chance to take advantage from both long and short term trading,
depends from how you understand the market.

Its an advantage for me to have a local wallet and can spend bitcoin easily and I can do business as well because they have high rebates for paying bills and topped up services.

There are local wallets who serves also as a good venue for business, transactions can be done online plus providing
rebates to attract more end users.

[Harriti]

Some of the benefits of Bitcoin ...

The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.

I agree with you on the first but not with you on the latter. I must remind you once again that bitcoin cannot become a common currency. Firstly, its supply is limited and certainly it will not be able to supply more than 7 billion people. Second, the value of bitcoin is always volatile so no one wants to use it to buy or sell anything. Third, the value of bitcoin is controlled by many manipulating organizations, so holding bitcoin will also be a big risk.

[CryptopreneurBrainboss]

Some of the benefits of Bitcoin ...

The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency.

Many things online? Well this isn't an advantage over the traditional fiat currency, since we have numerous of them including the centralized digital currency providers like PayPal, Visa and Master card that could be used easily to purchase thing online but the advantage comes into play when you intend transacting peer2peer without involving an intermediate.

Bitcoin has improved on herself in regards to achieving global adoption but we're not yet close to completing that dream anytime soon therefore I don't buy into your idea of of people seeing bitcoin as an idea currency instead it's been seen mainly as an asset class use as investment to give profit.

In regards to the popularity, it's quite obvious since the evidence are everywhere. The mainstream media has the currency name on their lips almost every week and the government aren't shy of the name either although at the moment this advert are usually from the negative angle.

[Reatim]

Bitcoin is like digital gold where you can store your money and no one can control it. Unlike if you put your money to bank, less interest and can be compromise.

Plus the fact that bitcoin is high volatile it can give us an opportunity to earn while waiting for the right timing to take profit. Its a digital currency but many things can be done compared to fiat.

Its an advantage for me to have a local wallet and can spend bitcoin easily and I can do business as well because they have high rebates for paying bills and topped up services.

Not only Bitcoin has a volatility because almost all cryptocurrency is very volatile so never differentiate this to others.

And being Digital gold?i think it is better to say "Digital Asset" since we can store this for long time but has a high chances of gaining not like gold that earning little by little each year.


If you are looking where to Buy and Sell Bitcoin?then this is Bestchange that will help you to find what exchange fits your choice https://www.bestchange.com/

[Ridwan Fauzi]

That is true, you can use bitcoin as a payment instrument as long as the merchant using it.

Did you use bitcoin as your primary payment transaction? or did you ever use it?

Honestly, I rarely use bitcoin as the payment system tool since my country still banned it.

I just use bitcoin as an investment place or a place to gain profit and so far it is working to me.

Bitcoin is a currency and as an investment place either, you can do simultaneously when you having it, and this advantage has never been owned by another place.

[carlisle1]

Some of the benefits of Bitcoin ...

The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.

So your country supports cryptocurrency/thats why you can buy many things online because in more countries there are different situation and approach.
But you are correct about how many benefits Bitcoin can give but this is for future and not today,also what about that undeveloped financial infrastructure/do you think government will just allowed Bitcoin to enter like that?

[CarnagexD]

To me the only benefit is the monetary value because by holding btc you stand a big chance to increase your investment, I have not use btc to pay for any service for a long time, maybe for those who are using it, this is part of their benefit, but holding btc for a much better price is my number one benefit.

Its effectiveness and efficiency in investments are really interesting because many people are trusting it due to its benefits. Bitcoin is not just a monetary value, this is the best digital currency that we can use because of its fast and safe tool for many transactions. Bitcoin can teach us how to become a businesses-minded person for us to grow our businesses. There's something more about bitcoin!

Bitcoin can teach us how to become a businesses-minded person for us to grow our businesses. It will make us futuristic and patient, it will improve our views in money and other businesses. By observing the market and our surroundings, we can make us more adaptive depending on the situation we're in. Especially that the market is not that stable, bitcoin will help us adjust depending on the circumstances.

[LogitechMouse]

I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin.

Since Bitcoin can be use as a payment online so yeah you can buy many things online but the question is do the merchants are accepting Bitcoin. Yes there are some but as of today, not that much merchants are accepting crypto as a payment.

Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.

This I don't think so. Yes Bitcoin is a currency but it isn't like fiat that we are using every day.

Bitcoin Wallet protects the privacy of transactions.

Since we don't need KYC to transact with other people so yes Bitcoin Wallets provides privacy protections.
TBH, there are many benefits of Bitcoin right now but we don't see it as not that much are using it right now.

[Oasisman]

That is true, you can use bitcoin as a payment instrument as long as the merchant using it.

Did you use bitcoin as your primary payment transaction? or did you ever use it?

Honestly, I rarely use bitcoin as the payment system tool since my country still banned it.

I just use bitcoin as an investment place or a place to gain profit and so far it is working to me.

Bitcoin is a currency and as an investment place either, you can do simultaneously when you having it, and this advantage has never been owned by another place.

Pretty easy to say "Bitcoin could be use to buy things", but in reality, only a few number of people are actually doing so, and majority is considering it a store of value and just hodling it for future gains.
Infact, some merchants stopped accepting Bitcoin as payment because of lack of usage for such payment option.
Anyway, Bitcoin's volatile nature might be a benefit or a loss.

[Latviand]

Bitcoin has several benefits especially the fact that you can make anonymous transactions in a very fast manner. Also, having access to all your funds without any control from banks and other centralized institutions puts every crypto investor full control of his funds.

Also bitcoin can make you pay a certain bills without withdrawal, just by sending it directly without hassle is one of its benefits. Digital transactions using bitcoin is really fast and safe compared to fiat, also your bitcoin wallet is really secured once you make one. By that bitcoin wallet, you can safely store them in that while waiting for the right time to perform transactions.

Bitcoin investors are really happy when bitcoin is in its season where its price is really high than you can imagine. The true benefit of bitcoin is that it can make its user to be successful in life, because once you risks your money for it, everything will be put into its place. It is safe and worth it to use and invest.

[pragna]

Some of the benefits of Bitcoin ...

The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.

More benefit will come when maximum countries will accept BTC so that people then will not carry fiat money that has stolen fear. In traveling many men now use master card but those who has no master card they carry fiat money that is big problem for security. But when BTC or alt will accepted in that side, traveling will be more enjoyable. So i think everyone should come fast beside BTC to make enjoyable life.

thanks.

[Reid]

Some of the benefits of Bitcoin ...

The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin.

If I may ask, what store?

Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.

I don't think that is how they think about bitcoin.
1. It is just a store of value.
2. An investment.
3. A fast way to make money.
I think that is the truth about why it is popular.
Because of the volatility of it, they are trying to take the risk of making more USD and not more bitcoin.

[gamer4156]

In the present age, we are all more or less connected to the Internet, many can not do without the Internet. Bitcoin is one of the popular online coins. Bitcoin has many benefits. We can invest in Bitcoin and earn money from it.
With Bitcoin we can make various payments very fast and without banking hassle. With Bitcoin we can protect the maximum privacy of our assets. Money earned from Bitcoin can be easily withdrawn and spent.

[GDragon]

Some of the benefits of Bitcoin ...

The reason why Bitcoin is becoming so popular all over the world is that it offers users many times more benefits than the currencies that are currently in circulation. For example, I can use Bitcoin to buy many things online. I enjoy many benefits by paying bitcoin. Nowadays it is becoming known as the ideal currency. It is also suitable for those living in privacy-conscious or underdeveloped financial infrastructure.
Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.

Honestly I think btc is arguably not seen as the best ideal currency yet. Volatilty is the reason why, some only see this as an investment and not as a currency as of now. Its a new technology and will take time if it will be an ideal currency. I think among the benefits you just mentioned, the privacy is what makes it different to fiat, because in my country buying online is still best using fiat. Some prefers to choose btc because they wanted the privacy, unfortunately, this privacy is being used by some people in the bad side. One of the reason why btc has the image of scamming, illegal use, etc.

[Innerpumper]

Some of the benefits of Bitcoin ...


Bitcoin Wallet protects the privacy of transactions.
Its advantage rate is increasing with a war transfer using conventional currency.
Forgive me if there is anything wrong with this writing.

Even if it is not used by the you country, as I am currently experiencing in country of my own Bitcoins there has been no official law, but it has been much profitable for our trading community, and cryptocurrency. As much as I can passive income every trading, investing, joining the project team adds more insight into cryptocurrency. It was very fun.

[Janation]

Bitcoin has several benefits especially the fact that you can make anonymous transactions in a very fast manner. Also, having access to all your funds without any control from banks and other centralized institutions puts every crypto investor full control of his funds.

I am fine with the fact that I am getting profits out of holding it.

Since our country is not that much open in using cryptocurrencies especially Bitcoin, usually I prefer to hold it and keep it for some time. Hold and reinvest when the price is low and sell some when the price is considered profitable. You can't hold fiat and have a profit like Bitcoin.