Post
Topic
Board Economics
Re: The advantages of bitcoin
by
winterland
on 02/05/2018, 21:57:05 UTC
Well bitcoin helped many people, by its ability to empower an individual.
In addition, it has a peer to peer system, any amount of money can be paid and received instantly and anywhere.
Also, banks have holidays, a reason to make a transaction inactive.
There is no track or records made, and it is decentralized.
Bitcoin allows its users to completely control their money.

The characteristic of bitcoin that gives the power back to the people is probably one of the most important, governments stole the right to print currency out of the people and they gave themselves that right exclusively, that is one of the reasons that makes them that powerful, so bitcoin not only is going to give the power back to the people it's going to make governments weaker and that's a good thing.