Post
Topic
Board Economics
Re: Why is bitcoin worth? Welcome to discuss
by
whizter
on 05/02/2017, 19:19:01 UTC
The first thing is that bitcoin can be transformed globally with very low transaction fees. Other thing is it is a peer to peer system in which bitcoins are sent from one place to other without any central authority. It functions based on a superb blockchain system which has made bitcoin to gain trust of millions of people.Other important thing is it cant be banned without banning internet.The trust gained by the bitcoin has made a ever growing demand for bitcoin which inturn decides its price.
beside these bitcoin is worth because it provide us so many opportunities, for example we can use bitcoin for online shopping and can transfer bitcoin too much easily. we can also use bitcoin in all over the word with same value without changing it into any local currency. we also do not need for any Visa card or check, we can use our bitcoin directly using our mobile.