Post
Topic
Board Bitcoin Discussion
Re: Advantages of paying with Bitcoin
by
leonair
on 07/10/2017, 20:40:14 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?

For me the most advantages that Bitcoin offers is that it has a faster and cheaper transactions compare to many old school type of payment platform online, it faces issues of course but it is normal and it getting stronger each day after that. Bitcoin itself was never hack since its existence only those Bitcoin regulated exchanges that holds other peoples Bitcoin are getting breach by this black hat hackers that is resulting to the fall down of price.