Why should I transact with bitcoin?
Is there any advantage bitcoin has over normal currencies?
Someone pls, explain to me with clarity
Bitcoin is one of the best investment right now in the world and Bitcoin is the best crypto coin, Bitcoin is also the first crypto coin to be created in the world, using Bitcoin as a means of transaction is better than the normal currency reason being that Bitcoin transaction is very fast and with a very low charge, before the creation of Bitcoin making transactions to other countries were very difficult and the charges was so high and that disconnected people from different parts of the world who wanted to do business however is the creation of Bitcoin people now do there transactions very easy and fast and that has helped to grow business and Economy of some countries.
And also when you make transactions with Bitcoin when you receive your Bitcoin you can decide to keep hodling it, and if you hold that Bitcoin for some years you will make a huge profit because it has add in value and in price, so people now started seeing holding or saving money in Banks as a waste of time so they started choosing Bitcoin and Bitcoin has made a lot of people rich, I know of someone who had huge amount of money he was saving in bank and his not using it when he got the knowledge about Bitcoin he withdraw all the money he was saving with that particular bank and bought Bitcoin using lump sum strategy and he has already made huge profit and he has already decided to hold for a very long time.
Because of all this mentioned above people now prefer to use Bitcoin as a means of transaction, some countries has already made Bitcoin as a means of payment, however some countries has refused to accept Bitcoin but a time will come when there will be no option lift for those countries than to accept Bitcoin and use it as a means of payment in there countries.