Bitcoin is nothing but a virtual currency or a medium of conducting digital transactions, just like any other digital Bitcoin is digital and decentralized With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. Its faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners Ease of online shopping: As we already know, Bitcoin can help us do online shopping. Its like an e-wallet which can be created blockchain technology to store, track and spend digital money. Less volatile than cash: Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.