Post
Topic
Board Bitcoin Discussion
Re: Advantages of paying with Bitcoin
by
malikusama
on 07/10/2017, 11:34:02 UTC
So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?
Bitcoin is just a currency and its up to that how would you use it. Well it should not be used in buying illegal things, and anyone who is using it in that way should be stopped.
Paying with bitcoin is much safer, easier and  cheaper. Also you don't want to give extra money in exchanges to convert and extra taxes.