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Author Topic: Which feature do you like most of Bitcoin?  (Read 1072 times)
ZAINmalik75
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Today at 02:50:50 PM
 #121

While all of BTC's features are great, the main draw is its decentralization. If btc weren't decentralized, even with its many other features, it wouldn't be valuable. However, I admire you for creating such a beautiful BTC illustration

If you think about it, it's hard to see any drawbacks to BTC other than when the internet and electricity go out. It's no surprise that many large companies are buying BTC, seeing it as a valuable digital asset. Even with BTC price fluctuations and bearish and bullish markets, it's one of the most appealing aspects of BTC. For wise people, rising BTC is certainly a pleasant experience, and falling BTC prices are also a pleasant experience for some, as they can scoop up BTC from the bottom and hold it for the long term
Well, there are some drawbacks or cons in Bitcoin as well, and the most disturbing one is probably the fact that the network gets too congested sometimes. I know, it doesn't happen all the time, but when it happens, it becomes pretty difficult for people to make normal Bitcoin transactions, because you obviously wouldn't want to pay very high fees for normal transactions, like paying $5 for a $20 transaction, which is 25% of the total amount, and that's outrageous.

However, as I said, it's not that big of a problem because it doesn't exist all the time, but since it happens from time to time, it can be considered a drawback or a con within the Bitcoin network or blockchain. Other than this, I also can't think of a drawback. People can make things up, but their claims aren't true. Decentralized nature of Bitcoin has made it one of a kind in the current era, we could never think that we will one day have a decentralized financial asset that we can use to keep our funds as well as transfer them to others without any involvement of a third-party.

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Today at 06:44:54 PM
 #122

Bitcoin comes with lot of features and one of the best feature of Bitcoin is that it allows people control over their own money. People don't need to use bank of another company for bitcoin transaction which is useful feature especially when someone wanna sending money go people in about an country. Besides the advantage is Bitcoin has a limited supply and it isn't possible to increase the supply and so it makes this coin different from other. People can even keep their asset in their self custody wallet and rest of things all together makes Bitcoin an unique from digital money

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