Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: STALKERms1 on March 27, 2019, 03:05:19 PM
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Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
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Transact in what way? :) There are not so many ways to transact in bitcoin :D
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There are several reasons.
1) Fast transactions without an intermediary
2) There are no inflation rates
3) Very low transaction fees
4) You can use it anywhere, it doesn't discriminate
5) You can keep your identity private each time you want to make transactions
6) You gain financial freedom
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well there are a lot advantages if you are using bitcoin, its easy to used, you can send your coin to anyone as longs as they have wallet, and you dont need any ID to open a wallet, so you nobody can know how much is your wealth, and bitcoin can become a great investment.
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See, firstly get yourself PROPER knowledge of what is Bitcoin or more so, get idea on what’s Cryptocurrency. Check here for easier guidance (its video guidance) - https://cryptolinks.com/crypto-video-knowledge
Now it’s important for you to understand that there is not exactly “Advantage” here with normal currencies and digital ones, it’s just that we now have “ANOTHER” worthy option.
With Cryptos, it can be called good because it gives people a lot more privacy, comfort and opportunities. But it is also fair to say that it does come with cons too like its getting used for activities which no one can be proud of and all that. But then there is NOTHING that is 100% perfect, so got to take the good with some bad.
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Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
Other currencies are built around the giant master that is know is Bitcoin which serves as the central bank of other currencies in the cryptocurrencies world.
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Have you ever taken a look at other cryptocurrencies?
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Bitcoin is the main altcoin that is another coin barometer. Its very high volatility is the main reason for traders.
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Bitcoin is the most valuable currency in the world. Many countries already accept & legalized it in their payment mod. BTC price will rise again?
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Bitcoin as the main coin is very popular, its future is bright. Its volume is large and its volatility is also high. That's why bitcoin is the most sought-after coin.
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Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
Bitcoin is a digital currency that is fast, secure, and decentralized yet acceptable all over the world. no borders, no boundaries.
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Dude because bitcoin is the popular and it safe and secure and its legit fast and if you look at the market cup and find who is no.1 you will see bitcoin and bitcoin is growing and dudecheck the cryptocurrency i hope my suggestion can help you thanks and good luck
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Bitcoin is a digital currency that is not controlled by a central body. Its transactions are not traceable and it keeps one's identify safe from the system. It can be used by anyone at any where. You can also ask on google, what bitcoin/crypto currency is all about.
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Bitcoin's volume is quite large, its popularity is very good and well-known and its volatility is also fast. It allows it to be used as a short-term or long-term investment.
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Bitcoin is simple to set up and fun to use. I suggest picking up a book on Bitcoin and learning what it is all about before you start collecting them. That way you will be well versed before you make an investment.
This new form of money will change the world as we know it and help us be more transparent and efficient as an economy.
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bitcoin is good coin with high value and volume, fast transaction, low fee and more support from the community
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Bitcoin is just like the boss of all coins, it more like a central banks to other commercial banks in any country, it tends to rekindle of regulate other altcoins when it's on the move..
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Bitcoin is the highest rating of all coin.. And its totally legit and the transaction is very hard but its worth a time and bitcoin. Its is growing
It hard to explain. It but if you will invest on bitcoin its very easy hard i dont know ...just choose bitcoin sir
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I think you need to pay minimum fee if you transact your money in the form of bitcoin. It is the best adopted fashion of currency transaction of the current time. Some people have transact millions of dollars in this way and saved a lot of money. You can take the advantage!
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Bitcoin is reliable and backed by the entire cryptocurrency and financial community. The blockchain is based on mathematical trust and upgrades are done on a consensus with founders, miners and developers.
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Low fees, fast transaction, easy access to your money anytime than banks
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Because is fast and secure and their a lot of transactions and bitcoin is really legit dude....and did you know bitcoin is the highest coins in the world ..... Check coin gekko dude..why you shoud thrust bitcoin because its legit and you will be rich ..thanks
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Bitcoin is the only heaven for trader right now, but would it be continue its growth? that's my only concern right now.
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Bitcoin is the highest rating of all coin.. And its totally legit and the transaction is very hard but its worth a time and bitcoin. Its is growing
It hard to explain. It but if you will invest on bitcoin its very easy hard i dont know ...just choose bitcoin sir
Bitcoin is the "ground" of the market, all the other cryptocurrencies depend on BTC. If you have Bitcoin, you may not be afraid to lose: this crypto will be gaining.
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Bitcoin is a decentralized currency, the largest, based on blockchain technology and so on.. to know Bitcoin better check an article: 7 reasons why Bitcoin is so popular https:// blocktoq.com/7-reasons-why-bitcoin-is-so-popular/
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Blockchain technology made a revolution in conducting transactions. It has made them swifter and significantly lowered costs of transacting. Decentralization is another good aspect of this technology. So, there is a lot of good things, only thing that we are currently missing is scalability
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Wow guys your post is really cool i hope you share it to your friends or somebody else..so why btc...bitcoin because it has the highest coin on market cup and ...it is know the king of king of coins ...and that cool .we can trade grow better ..
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From my opinion, it is just because Bitcoin is a very strong virtual and digital currency now a days. And it has increased its price daily. So Bitcoin is the really good currency to use and trade.
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As for me
I won't recommend bitcoin for some transactions
I prefer tron cause of the low transaction fees
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Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
You shouldn't do this at all. Everyone chooses for himself what to do in the world of cryptocurrency. However, it was calculated that investing in bitcoin brought in much more often and more profit than in the rest of the cryptocurrency.
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Bitcoin is a popular coin around the world. Has taken many names in a world market.
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Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
Bitcoin is the most popular crypto currency. You know it is the high priceable crypto. If you invest in this platform you can earn more.
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There are so many reasons why we should make transaction with bitcon. There are
Greater Liquidity Relative to Other Cryptocurrencies. ...
Increasingly Wide Acceptance as a Payment Method. ...
International Transactions Easier Than Regular Currencies. ...
Generally Lower Transaction Fees. ...
Anonymity and Privacy Relative to Traditional Currencies
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There are so many reasons why we should make transaction with bitcon. There are
Greater Liquidity Relative to Other Cryptocurrencies. ...
Increasingly Wide Acceptance as a Payment Method. ...
International Transactions Easier Than Regular Currencies. ...
Generally Lower Transaction Fees. ...
Anonymity and Privacy Relative to Traditional Currencies
Bitcoin is the only coin that can be trusted in terms of security and demand because its the oldest coin in the crypto world and can pump up to 500%.
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I think it is very easy to transfer, but difficult to follow :)
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Because it actually do exactly what money does without the involvement of a bank
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Bitcoin is the modern coin of the present world. But in our Bangladesh it is not legal. And with the increase in the price of this bitcoin, its price will be higher than the price of gold. And if this bitcoin is legalized in Bangladesh, then the economic condition of Bangladesh will be much better. And currently the price of Bitcoin is around 00 50,000. And the value of Bitcoin will improve a lot in the future.
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Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.
Source (http://https:https://money.cnn.com/infographic/technology/what-is-bitcoin/index.html)
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There are several reasons.
1) Fast transactions without an intermediary
2) There are no inflation rates
3) Very low transaction fees
4) You can use it anywhere, it doesn't discriminate
5) You can keep your identity private each time you want to make transactions
6) You gain financial freedom
This is just so wrong.
The transactions with Bitcoin these days are not fast. One of my last Bitcoin transactions took over a week to register the first confirmation, nor are transaction fees are low (one use for Bitcoin Cash)...keeping identity private? Its a public ledger. If you want private, use Monero
Its the most famous crypto, with the most liquidity. People aren't building on it. It is our "gold" in the industry, aside from this...it is quite awful (if you've transacted with Bitcoin often, you will know)
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Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
Actually i think there are several time it has conversate about positivity and negativity about BTC. BTC saves our life if different way like-
By saving our time.
By consuming our labor.
By Distancing in this nCOVID situation.
No third men injection.
By easily handling
By secure and fast transferring.
etc. so we can easily trust on BTC and in future BTC will change the economy and economic transaction.
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Bitcoin has established itself as a stable cryptocurrency and quite volatile, of course with a huge capitalization, the disadvantages of course include huge percentages of commissions, but its growth and hype covers all this disadvantage. Bitcoin is digital gold.
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Bitcoin is the best coin of cryptocurrency. The value of Bitcoin is above all so we all love Bitcoin. The future of Bitcoin is shining like a mirror. So we all focus on Bitcoin because many of us can be much bigger than Bitcoin. And I think one day Bitcoin will rule the world. Who will legalize Bitcoin all over the world.
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There are so many benefits of Bitcoin transaction?
its very Fast in terms of Transaction
Bitcoin Transactions is easier than other cryptocurrencies
Its has a very Low Transactions fees in term of Charges
Its popular and well known, accepted by most Countries
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I believe that bitcoin is by far the most popular cryptocurrency recognized all over the world. besides, it is quoted on all trading platforms, it can be exchanged at all exchange offices. I think the conclusion is obvious, bitcoin is the most convertible cryptocurrency today. in the future, everything may change, but now the situation is exactly like this
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This Bitcoin falls in line with Dorsey’s recent announcement for the plans to launch a new entity focused on building an open-source platform for non-custodial and decentralized finance services based on Bitcoin. Square’s own hardware wallet, which is also in the works, is likely to be an integral part of the initiative.
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Bitcoin is one of the biggest Crypto currency. The best thing about it you can easily transfer your bitcoin to any other wallet without any problem. I am also holding my bitcoin because it will increase more in future.
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What Bitcoin?
What Bitcoin?
Why Bitcoin?
What is this ?
What kind of threads have these been opened? It would be easy to find people if there was only one answer to all questions.
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By trading with Bitcoin you will have a comparative advantage over other coins. Bitcoin is one of the most reliable and powerful coins among crypto currencies. Its transaction fees are low compared to other coins. And through this you can do transactions very easily without the help of any bank. If you consider the aspect of digital currency, it is actually digital gold. I think only digital currency will be accepted as currency in future. Then Bitcoin will be on top of everyone.
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Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
Fiat has inflation but bitcoin has no inflation.
Bitcoin has no risks but fiat has more risky to carry.
Bitcoin more profitable than fiat.
Bitcoin replaces bank.
Bitcoin is more better investment than gold or real estate.
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The biggest advantage that Bitcoin has is the fact that it was created first and is still the "mother" of all crypto. Advantages definitely come with the fact that it's the most preferred and most valuable. Imagine something that is considered now to be a real asset. The ETF approval definitely shed some light to other people who don't have the technical know-how but wants to own it.
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This is exactly the basic reason why Bitcoin.
Even though there are many other cryptocurrencies on the crypto market, Bitcoin remains the main choice. Bitcoin is indeed a safe investment, but this is a crypto investment that I think is the safest compared to other cryptos. At least the risk is lower if we understand how to hold patiently and are not subject to various existing FUDs.
On the other hand, why Bitcoin, not real estate or other investments in your life? I've done it, and indeed investment in real life initially requires quite a lot of money and costs. And with Bitcoin, almost everyone can do it, starting little by little. And this is the bottom line, because usually Bitcoin will rise significantly in a certain period, and Bitcoin accumulation can start from a small amount.
And one more thing, even though Bitcoin in some countries cannot yet be used as a means of payment, this does not mean it is not valuable. In fact, this could be a very valuable investment.
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The reason for Bitcoin is because is the safest, most secure, and most reliable investment an investor can make to safeguard their future assets.
2) It is a well-known coin, that is widely recognized and traded everywhere that crypto is legal.
3) It is the first coin ever launched in the crypto space and it is waxing strong by dominating 51.2% of the crypto market.
4) it is the king of all crypto. Its price(up or down), controls all the crypto market structure of price.
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
Yeah, there is. Because of the financial freedom it brings, compared to currency that depreciates over time. A currency hodl for years would not be the same value in years to come but in the case of bitcoin, it appreciated, giving a profit to hold on to
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First of all Bitcoin is decentralized that is not monitored by anybody, it is relatively safe, myriad ways for transaction and others
to me it is the safest option for cryptocurrency transaction
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First of all Bitcoin is decentralized that is not monitored by anybody, it is relatively safe, myriad ways for transaction and others
to me it is the safest option for cryptocurrency transaction
Decentralization is not peculiar to Bitcoin, there are other decentralized cryptocurrency. So decentralization can not be the only reason for the success and preference of Bitcoin over other cryptocurrencies. The major reason I feel that makes Bitcoin to be in a world of its own is the fact that it has been tested and tried by many fuuders, government authority and all who is who and it withstood all thereby giving it the trust and popularity of greater part of those who came across it. Other cryptocurrencies have tried to copy or even improve on the supposed weakness of Bitcoin yet none of them could gain the level of confidence and popularity that Bitcoin have gained. Check the various forks of Bitcoin to confirm my submission.
You will recur that Litecoin experienced halving yet we never experienced any significant rise in its price or any other cryptocurrency but anytime Bitcoin experiences halving, a bull run always follows it and this will drag the entire cryptocurrencies along. This is how powerful Bitcoin have become, the reason Bitcoin is a great and reliable asset to invest in.
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First of all Bitcoin is decentralized that is not monitored by anybody, it is relatively safe, myriad ways for transaction and others
to me it is the safest option for cryptocurrency transaction
BTC is decentralized, but the BTC blockchain is public and transparent and anybody can see the info in it, if you want to protect your privacy while using BTC, you must avoid centralized exchanges and services and also use privacy solutions like mixers and CoinJoin implementation. The BTC network is secure, but the BTC you store in your wallet is only as safe as the device you store it in and your opsec.
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There are many answers we could have got to the reason behind why the selection of bitcoin in cryptocurrency, one will see what is right and yet prefer going for the wrong, likewise in taking risk, if we are giving chances, we would have make choices on things that are less being risky than going for the ones we cannot afford to bear their risk, maybe this could also be the same application to why we have chosen bitcoin over others.
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Basically, why Bitcoin when there are so many altcoins as alternatives? Maybe many people still think so. Personally, I will still prioritize Bitcoin. Because Bitcoin is number 1, it is the most trusted, most valuable, and most potential, and also the first crypto created. So, this is much better than altcoins which are only following.
Bitcoin is always the most preferred, especially for the long term. because no one has succeeded in Bitcoin yet.
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You asked why Bitcoin, in answer to this I would like to ask you one thing that is there any other coin other than Bitcoin which is better than Bitcoin or more popular than Bitcoin. Bitcoin Has No Competitors Bitcoin is the most popular and most valuable digital currency and if you compare Bitcoin with other currencies, you will undoubtedly put Bitcoin ahead. There are many coins in the market but investors take Bitcoin as the first choice to invest. You can consider Bitcoin as an auto choice for investment. Investing in Bitcoin you can be as safe as you can invest in other coins in the market but you can't be as safe as you can invest in Bitcoin, because of these things Bitcoin is different and better than other coins in the market.
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Well there are a couple of nice reasons of which some are ;
1. Bitcoin is decentralized ( not controlled by a single entity not even the creator) so it's pretty much you alongside other users who control it.
2. Bitcoin is a nice and private Crypto currency although not entirely because of the Blockchain public ledger. However one could increase his privacy by making use of other privacy measures like mixers and VPNs
3. You are in full control of your asset as you can decide to HODL or spend at any time of your choice without any restrictions.
4. Bitcoin is a perfect counter crypto of inflation meaning you could protect you asset from loss due to inflation via Bitcoin investments.
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If you're talking about regular money like cash or FIAT that you usually carry to buy stuff, then Bitcoin comes with its decentralized nature, which means you're never limited by time and place for transactions using Bitcoin. That's one of the cool things about BTC, because you can send it using the internet and there's no limit to how much you can send, as long as your transaction can be broadcasted and processed by miners.
A simple example is when you want to pay or send something to a friend who lives abroad.
With cash, you'll go through a pretty complicated process. You'll even spend a lot of time on it and it's not cheap. But with Bitcoin, you can transfer assets anytime, and even anywhere, with relatively lower fees.
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Probably because Bitcoin is the most popular crypto among others. Bitcoin is decentralized and there are some other decentralized projects as well. But, when you have the most trusted options, why would you go for less trusted decentralized options unless you have some extra benefits?
Bitcoin has been there for over a decades now and the network already proved itself. In comparison, newer projects needs to prove themself and it will take time to gain trust and attention from the community.
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Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
Considering the fact that Bitcoin was created to server as a p2p medium of exchange which is quite the opposite of what our fiat currencies offer, the security and irreversible protocol showcased the difference between them. But due to the current value of Bitcoin, it's now serves as an investment. But when you want to know the benefits of bitcoin, security is a major factor to consider.
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Why bitcoin? It's obvious bitcoin already performed in decades so no questions about that, the value it already proved to us.
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Why Bitcoin is because it is king of all crypto, it is through her other coins are made and known. You can talk about crypto without first mentioning Bitcoin. Bitcoin can stand in the fate of time and hodling for it long can give maximum profits in the future.
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Why Bitcoin is because it is king of all crypto, it is through her other coins are made and known. You can talk about crypto without first mentioning Bitcoin. Bitcoin can stand in the fate of time and hodling for it long can give maximum profits in the future.
However, what this means is why you should use Bitcoin as a transaction tool compared to fiat. Yes, because Bitcoin provides wider freedom for its users to transact, by and for anyone in the world, globally. and stick to the principle of privacy, because bitcoin is more decentralized. And it can also be done at any time without any time restrictions or working days. So the process will still be faster, with costs that are sometimes cheaper and the speed is quite fast, without there being a lot of regulations involved.
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Why Bitcoin is because it is king of all crypto, it is through her other coins are made and known. You can talk about crypto without first mentioning Bitcoin. Bitcoin can stand in the fate of time and hodling for it long can give maximum profits in the future.
However, what this means is why you should use Bitcoin as a transaction tool compared to fiat. Yes, because Bitcoin provides wider freedom for its users to transact, by and for anyone in the world, globally. and stick to the principle of privacy, because bitcoin is more decentralized. And it can also be done at any time without any time restrictions or working days. So the process will still be faster, with costs that are sometimes cheaper and the speed is quite fast, without there being a lot of regulations involved.
Borderless will be the key feature as you have describe it. Tried it many times before, like in 2018 wherein I send someone Bitcoin in Dubai and she got it right away and then exchange it to Fiat as she needed it that time. Lots of advantage of having bitcoin now, although we can still hear negative things about it even at this day, still they can't put up a argument that it does give us financial freedom.
And also as hedge and store of value and investment. Rightn now we are almost in the halving, people are excited as what the future will bring to us this bull run as we are all looking at 6 digits and imagining our profits already.
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Well of course Bitcoin offers more than enough advantages more over traditional system of payments.
The decentralized nature of bitcoin alone is one of the greatest advantages amongst others, because It makes bitcoin to operate independently without external interference of central banks, government authorities as well as other financial institutions, which means you as an individual have full control over your own money without anyone telling you what to do with it.
Then moving down to the security that bitcoin offers to its users. Bitcoin transacts are highly secured by advanced technologies known as Blockchain technology and cryptography, which makes it irreversible and tamper proof.
Need I to also mention that you transaction with bitcoin globally, sending money to anywhere around the world regardless of borders or time zones. There are just so many importance and I can't list them all.
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Why Bitcoin is because it is king of all crypto, it is through her other coins are made and known. You can talk about crypto without first mentioning Bitcoin. Bitcoin can stand in the fate of time and hodling for it long can give maximum profits in the future.
However, what this means is why you should use Bitcoin as a transaction tool compared to fiat. Yes, because Bitcoin provides wider freedom for its users to transact, by and for anyone in the world, globally. and stick to the principle of privacy, because bitcoin is more decentralized. And it can also be done at any time without any time restrictions or working days. So the process will still be faster, with costs that are sometimes cheaper and the speed is quite fast, without there being a lot of regulations involved.
Borderless will be the key feature as you have describe it. Tried it many times before, like in 2018 wherein I send someone Bitcoin in Dubai and she got it right away and then exchange it to Fiat as she needed it that time. Lots of advantage of having bitcoin now, although we can still hear negative things about it even at this day, still they can't put up a argument that it does give us financial freedom.
And also as hedge and store of value and investment. Rightn now we are almost in the halving, people are excited as what the future will bring to us this bull run as we are all looking at 6 digits and imagining our profits already.
Wow, this is definitely a very fun experience for using Bitcoin as a transaction tool. And indeed, if used as a global payment method, Bitcoin provides various conveniences for its users, without complicated administration and also taking up very fast time.
Ah, unfortunately, in my country Bitcoin is legal like in others to be used as a means of payment. Then it will become more complete for Bitcoin ownership. So it is not only legal as an investment or trading tool but also a transaction tool. We hope that all things related to Bitcoin, in particular, will soon be accepted and its adoption will become more widespread.
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Why Bitcoin is because it is king of all crypto, it is through her other coins are made and known. You can talk about crypto without first mentioning Bitcoin. Bitcoin can stand in the fate of time and hodling for it long can give maximum profits in the future.
However, what this means is why you should use Bitcoin as a transaction tool compared to fiat. Yes, because Bitcoin provides wider freedom for its users to transact, by and for anyone in the world, globally. and stick to the principle of privacy, because bitcoin is more decentralized. And it can also be done at any time without any time restrictions or working days. So the process will still be faster, with costs that are sometimes cheaper and the speed is quite fast, without there being a lot of regulations involved.
Borderless will be the key feature as you have describe it. Tried it many times before, like in 2018 wherein I send someone Bitcoin in Dubai and she got it right away and then exchange it to Fiat as she needed it that time. Lots of advantage of having bitcoin now, although we can still hear negative things about it even at this day, still they can't put up a argument that it does give us financial freedom.
And also as hedge and store of value and investment. Rightn now we are almost in the halving, people are excited as what the future will bring to us this bull run as we are all looking at 6 digits and imagining our profits already.
Wow, this is definitely a very fun experience for using Bitcoin as a transaction tool. And indeed, if used as a global payment method, Bitcoin provides various conveniences for its users, without complicated administration and also taking up very fast time.
Ah, unfortunately, in my country Bitcoin is legal like in others to be used as a means of payment. Then it will become more complete for Bitcoin ownership. So it is not only legal as an investment or trading tool but also a transaction tool. We hope that all things related to Bitcoin, in particular, will soon be accepted and its adoption will become more widespread.
Yes, our country is somewhat in open with Bitcoin, but not legally yet, but we enjoy Bitcoin since last 2017 where there is a boom in our country. We even have our local crypto exchange like coins.ph that really facilitate everything for us.
And it grows tremendously, althoug Bitcoin is not yet accepted, not a few stores here and there.
Nevertheless, we all know that sooner or later we will see it expand and grows across the globe.
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Why Bitcoin is because it is king of all crypto, it is through her other coins are made and known. You can talk about crypto without first mentioning Bitcoin. Bitcoin can stand in the fate of time and hodling for it long can give maximum profits in the future.
Bitcoin is one of the most trusted cryptocurrency coins and Bitcoin is one of the most important cryptocurrency coins. Bitcoin does not depend on all other coins in the market but all other coins in the market directly depend on Bitcoin. Many of us may not know about crypto currencies but we definitely know about Bitcoin. Bitcoin is called the king of cryptocurrencies. Before investors decide which coin to invest in, they make a part of the investment in Bitcoin and the rest in any one of the ALT coins. Apart from these, there are many other reasons why Bitcoin is so popular.
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There are many reasons why it has to be bitcoin in cryptocurrency, this is not because is the first digital crypto, but because there is much about bitcoin being recognized as the only most valuable digital currency, we need to know why its acceptance is global, why everyone is more interested in crypto because of bitcoin and why its the only asset of investment we don't have to exhibit fear of missing out, not to talk about how decentralized it network operates and how faster the transactions.
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There are many reasons why it has to be bitcoin in cryptocurrency, this is not because is the first digital crypto, but because there is much about bitcoin being recognized as the only most valuable digital currency, we need to know why its acceptance is global, why everyone is more interested in crypto because of bitcoin and why its the only asset of investment we don't have to exhibit fear of missing out, not to talk about how decentralized it network operates and how faster the transactions.
I've always believed that Bitcoin's decentralised nature is one of the most important features that makes it to stand out, I mean not having any central authorities makes it unique because no one can make new bitcoins unlike other currencies. This has made bitcoin safe from inflation and other factors that could have eaten it up.