Bitcoin is irreversible -- that's one thing I like. On the other hand, I also like how it can be accessible everywhere just using your smartphone. Although gaypal has the same option, bitcoin on the other hand has more value and as i said, irreversible. The technology behind bitcoin is also unique and good. Very secured too.
i also like the irreversible thing, and it's the reaosn why many hate paypal, but it depend because many other prefer it for security when dealing with unknown online merchants
It's anonymous. But the problem is for example someone try to purchase drugs using bitcoin. This become a new era of transaction without being notice.
Why is buying drugs a problem? I think that's one of its benefits. If people want to buy drugs let them. The law should go after real criminals not criminals they themselves have created from their draconian policies.
it is both a benefit and a problem at the same time!
it is true that you can anonymously buy drugs and other illegal substances with bitcoin, and stay away from the law and getting caught.
but at the same time this is an illegal activity that is being done by bitcoin, after a while if this grows, bitcoin will be advertised by the media as money for criminals.
this is bad and will cause many people to stay away from bitcoin as a result. even countries might ban using bitcoin because of it.
they should ban cash too, because it can be used for drug, and their currency is not free from this, basically many other thing can be used for buying drug, they are using this excuse only to throw more fud at bitcoin , as usual