I watch a lot of information on the television talk about bitcoin (mainly the news about the bankruptcy, the bad side of bitcoin). On the other hand, I read a lot of online articles about the benefits of Bitcoin. What does Bitcoin offer the user?
- Low cost: If you transfer money through bank to friends or relatives usually will take a cost but with Bitcoin it is free or just take a small fee.
- Efficient: Bitcoin money is sent and received almost instantly, regardless of where you send it anywhere in the world, at any time of day or night.
- High security: Transactions do not contain personal information, it is hidden on the system, allowing security of user information to avoid identity theft.
- Transparency: All transaction information is included in the bitcoin trading website or electronic wallet.
- Controls: Users can control their transactions without any management
Bitcoin in the future will probably become the most popular currency, nowadays there are many countries that accept bitcoin as a valid currency and allow people to pay and buy goods as official currency. . Besides, it is also a worthwhile investment for investing in Ethereum.