Post
Topic
Board Bitcoin Discussion
Re: the benefits of managing bitcoin
by
manyu22
on 03/10/2018, 07:43:54 UTC
There are innumerable benefits of bitcoin, there are: First, Bitcoins make it possible for buyers to complete their payments without divulging any sensitive financial information (like credit or debit cards details) to the seller, Second, The entire process of bitcoin transactions is peer to peer, there’s no involvement of a third party, and no one can freeze, tax, or claim your coins. They cannot be stolen and cannot be seized by the government in no possible circumstances. Third, You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money. Forth, Allowing users to be in control of their transactions help keep Bitcoin safe for the network. Fifth, Bitcoin protocol cannot be manipulated by any person, organization, or government. This is due to Bitcoin being cryptographically secure.
By using Bitcoin, this is the easiest way to exchange money at minimal cost.
these are some of the advantages and benefits of Bitcoin

1. Security and Manage Your Money

Bitcoin transactions are secured by military-level cryptography. No one can use your money or make payments on your behalf. As long as you take the steps needed to protect your wallet, Bitcoin can give you complete control over your money and a strong level of protection against many types of fraud.

2. Function anywhere, anytime and by anyone

Just like email, you don't need to require your family to use the same software or service provider. Let them use what they like. That is not a problem; they are all compatible because they use the same open technology. The Bitcoin network never sleeps, even on holidays!