Quote from: jamesscorpin88 on March 23, 2018, 12:43:09 AM

On the basis of Trans Fast technology,Bitcoin is able to win the investors. Now we can purchase, handle, invest and transfer within short moment from any place. This is fully out of traditional banking system which is very complex and noisy. Where there is internet, there is a access into Bitcoin. Its a very Simple Math! For this people should use Bitcoin.

Why use bitcoin? What are its benefits? Why is it better than cash or credit cards? We get asked these questions all the time so we thought wed put together a quick list of five reasons why you, or anyone, will find bitcoin to be beneficial to have and use.

- Its made for our generation

What we mean by that is bitcoin is made for the Internet-generation. We are quickly moving past the days of carrying around paper cash or pulling out your credit card. Bitcoin goes several steps further than the convenience of credit cards by equipping users with a payment option that is significantly lower in fees, provides virtually instantaneous transaction time, and is accessible through the dozens of bitcoin wallets.

On top of convenience, bitcoin offers credit card users freedom from the concerns of fraud, identity theft, and crippling interest rates. Its no surprise that a recent report from Goldman Sachs discovered that 33% of millennials do not think they will need a bank account in 5 years.

- Its fast, secure and global

Bitcoin doesnt discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies and you can send as much value as you want. Its important to remember that bitcoins cant be counterfeited or duplicated. The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.

- Bitcoin was designed with your privacy in mind

Our Block Explorer, along with other bitcoin block explorers, display the entire history of bitcoin transactions for all to see. Bitcoin transaction history can be searched by anyone with online access. At first glance, you might consider this level of transparency the opposite of private. In reality, it means that users can choose whether they want to be completely transparent with their finances or keep them very private.

The bitcoin protocol does not require people to identify themselves in order to transact though some businesses may need to for compliances reasons. Unlike a bank where people often have one or two accounts, you can create as many bitcoin wallets as you like.

- Bitcoin is not subject to inflation

The total number of bitcoins are capped at 21 million, which is different than other currencies. As the total number of dollars in circulation rises, this creates inflation. Inflation is where the value of your dollar for example, decreases over time due to an increasing supply. Bitcoin on the other hand is scarce and fungible, which gives it interesting properties.

-Bitcoin provides financial freedom

If you dont have access to a bank account, you are part of the unbanked. Bitcoin can allow you to be your own bank. Bitcoin is simultaneously an open financial protocol and a currency required in order to transact freely on the protocol.