Some of the benefits of Bitcoin ...

[lixer]

I think Bitcoin has really connected the world and made things easier. There is a company I once worked with, and the company was in a different country and works remotely with staff that are located in different countries around the world. Coolest thing about them is that they are paying their staff with Bitcoin.

Imagine that there was no Bitcoin, and we all know that PayPal is not available in every countries, but Bitcoin is available everywhere and anyone is free to make use of it. If there was nothing as Bitcoin the company won’t be able to work remotely. Bitcoin has really been a good technology, and has helped those that have adopted it.

[gabbie2010]

Bitcoin has many benefits, especially in the developing countries where there is limited access to the financial infrastructures so Bitcoin offers this financial services easily and fast, that's why its having a wide coverage.

Some countries like Zimbabwe and Venezuela utilizes bitcoin to cushion the effect of their already damaged economy and hyper-inflation in their countries, many others like Iran are also looking towards bitcoin as an alternative means of transaction due to sanctions and embargo imposed on them by the developed Nations.
Bitcoin had brought succor to citizens in those countries whose currencies has no value and had provided a means of buying stuffs or goods online,
using it as a store of value is another benefit in place of the convectional banking system.

[Gotumoot]

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.

The only benefits I see in using Bitcoin over Fiat is it is much more faster and cheaper if you would send overseas if you would send a huge amount of money.
Other than that I don't see any other benefits unless the wallet that you are using would offer some benefits on spending Bitcoin on some products.

[proTECH77]

Here are some of the benefits of bitcoin.
1) Good investors : As a bitcoin users who really understand the areas of market and how to invest in a particular project to make a good income out of the investment. When you truly obey the rules guiding the bitcoin all the time it make you to become a good investors in the environment.

2) Your money is safe: As a bitcoin users your money is well safe in your wallet. Any kind of transaction you want to make with your bitcoin is well safe and very easy in transition. Your bitcoin is your bitcoin and nobody will have access to your coins unless you show the person all your private details.

3) Easy to spend: Any country that bitcoin is well legalized give the bitcoin users easy way to buy and sell any kind of goods and services he or she want to purchase or sell at the moment.

[carlisle1]

Here are some of the benefits of bitcoin.
1) Good investors : As a bitcoin users who really understand the areas of market and how to invest in a particular project to make a good income out of the investment. When you truly obey the rules guiding the bitcoin all the time it make you to become a good investors in the environment.

What rules are those mate?

Not being greedy and stupid by investing without proper knowledge?

2) Your money is safe: As a bitcoin users your money is well safe in your wallet. Any kind of transaction you want to make with your bitcoin is well safe and very easy in transition. Your bitcoin is your bitcoin and nobody will have access to your coins unless you show the person all your private details.

Depend on what wallet you are using mate,Because hackers is always into our Coins and having a Nano Ledger is the most safest as far as wallet is concern.

3) Easy to spend: Any country that bitcoin is well legalized give the bitcoin users easy way to buy and sell any kind of goods and services he or she want to purchase or sell at the moment.

actually even those countries that has no legalization but at least government is not interfering meaning it is allowed but not legal and illegal .

[Altryist]

Some countries like Zimbabwe and Venezuela utilizes bitcoin to cushion the effect of their already damaged economy and hyper-inflation in their countries, many others like Iran are also looking towards bitcoin as an alternative means of transaction due to sanctions and embargo imposed on them by the developed Nations.
Bitcoin had brought succor to citizens in those countries whose currencies has no value and had provided a means of buying stuffs or goods online,
using it as a store of value is another benefit in place of the convectional banking system.

Bitcoin is used very little to buy things on the Internet and pay for services, all over the world, regardless of the country. It is not very convenient, but as an investment, or as you gave an example to save the value of their funds, people use Bitcoin very willingly. And I think that in the future they will do this even more around the world. Now people are increasingly understanding the value of bitcoin.

[ololajulo]

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.

if you study people's reaction to bitcoin anonymity,is not attractive,however it is no more considered to be anonymous. Recently an agency put up some fund to break the privacy of monero, although privacy feature has not produce any outstanding profit for investor recently and the value had relied on bitcoin price movement for a while now. Bitcoin is not considering improving its privacy.

[FlightyPouch]

This depends on the country. It is true that bitcoin could offer efficiency to a lot of its users but if it is not that known and popular to a person's country, I don't think you will be able to utilize that efficiency. Right now, most of the people here that are doing online transactions do COD or Cash on Delivery. There are people that pay online but most of them are still using fiat.

[imstillthebest]

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.

if you study people's reaction to bitcoin anonymity, it looks very low, which indicate the anonymity is at a degree some people can know. Recently an agency put up some fund to find out the breakage of the privacy or anonymity of monero, however , monero is not outperforming other coin in the space with the privacy. Privacy is no more the attractive feature for coins and bitcoin is not considering to improve it.

bitcoin is said to be pseudo anonymous or not fully private . i also remember that thread or article you are talking about monero , did they break it and find something interesting on that research ? too bad that there are people that will waste fund for that  .

monero is still leading the way tho when it comes to privacy stuffs , that shows that people are really obsessed when it comes to anonymity

bitcoin and other coins that are not created to be like monero but they have thier on charm

[jivepag]

How to enabled post??

[Debonaire217]

if you study people's reaction to bitcoin anonymity,is not attractive,however it is no more considered to be anonymous. Recently an agency put up some fund to break the privacy of monero, although privacy feature has not produce any outstanding profit for investor recently and the value had relied on bitcoin price movement for a while now. Bitcoin is not considering improving its privacy.

It is not directly anonymity as Bitcoin provides the freedom for the users to choose whether to remain anonymous or not. How could I say that? Even if you are using Bitcoin for your transactions, whenever time comes that you conduct KYC to an address and use it even with single transaction, you are not anonymous at all. So the freedom here is to not associating bitcoin with your traditional finance, or to withdraw funds and take this freedom away from you. Though you can use mixers to completely cut the track for people to figure out that you are the owner of such wallets. For me, it is just not so user friendly to use mixers as it consumes a very huge fee, on top of the huge fee from bitcoin itself.

[mangsitin]

you use bitcoin to buy a lot of things online.  but in my country, the use of bitcoin is still limited.  and my country does not accept bitcoins.  finally in my country bitcoin has little benefit.  but I'm not worried, because today I still choose bitcoin for investing and trading.

[vania vin]

hello everyone, I don't really understand bitcoin, I read a lot of posts that just assume and some are posts from trusted sources,

I only know that bitcoin is a digital currency and as a medium of exchange, the important thing is that bitcoin can be converted into fiat.

[GeorgeJohn]

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.

From my perspective the reason while people benefit from bitcoin is because bitcoin is tradable and bitcoin is also a decentralized currency which no one can control or regulate it, many people adventure into Btc because every country is using bitcoin for transaction knowing that government has no power over the currency, looking at it in another aspects or another angle, bitcoin is a currency used to look for another currency such as different countries fiat currency, it's use for exchange of goods and service, so therefore bitcoin has dimensions of benefit in its labour market.

[semobo]

hello everyone, I don't really understand bitcoin, I read a lot of posts that just assume and some are posts from trusted sources,

I only know that bitcoin is a digital currency and as a medium of exchange, the important thing is that bitcoin can be converted into fiat.

You don't even know what is bitcoin but you started to promote a crypto project?

Read bitcoin's whitepaper to know what is bitcoin.

[shamimal93]

Honestly, I can't finish saying the benefits of bitcoin in my life.  Personally, Bitcoin has given me a lot.  Bitcoin has made me financially prosperous.  What I could not do before, I can do it easily now.  But just as Bitcoin has its benefits, so does your fear of losing funds.  It does not protect wallet privacy.  If you do not want to give your address to anyone else, Bitcoin will protect your privacy. The biggest advantage is that it does not require a third party to send it anywhere in the world. You can send your funds anywhere in the world at any time without any central organization.

[FACE 2 FACE]

I do not quite understand what advantages of bitcoin the author of the topic is talking about when he claims that with the help of bitcoin he can buy a huge number of things on the Internet. Is there any problem to buy all the same for ordinary currency? Of course, if we are talking about various substances that are sold on the darknet, then the advantages of bitcoin are undeniable. In all other cases, it has no advantage as a means of payment if you buy something legal.

[Dorodha]

Bitcoin is a completely decentralized currency system neither the government nor any authority controls it. As a result of the peer-to-peer system every user here is the real owner of their bitcoin. No one else can take ownership of their bitcoin network. The advantage of this is that the government has no control over the transaction no need to contact any bank later. The identity is kept secret in the transaction money can be laundered anywhere in a short time the latter can be sold at a higher price through savings.

[Alucard1]

Bitcoin gives us a lot of help in our daily lives, as a normal student, I considered cryptocurrency as my source of income, it helps me to sustain my needs as a person, and as a student, that is how bitcoin help mine in my everyday life. It also helps me to install software that I need in my school. I don't want to install crack software because I have something important data on my laptop and I know that tow loading crack software or application can put your device at risk.
The bitcoin wallet is the one who holds our funds and not is responsible for the privacy of the transaction because the privacy of the transaction is in the cryptocurrency itself.

[sr32703]

Bitcoin is the most popular innovative idea at this moment and now a days Bitcoin is considering a popular online transaction gateway though its value is fluctuating everytime. Bitcoin is the most secured payment method and its transaction fee is too low than another gateway. That's why prefer is for making online payment.