Post
Topic
Board Bitcoin Discussion
Re: Some of the benefits of Bitcoin ...
by
Peanutswar
on 19/10/2020, 02:16:49 UTC
privacy is indeed number 1 which is the advantage of bitcoin that I really like where I can make transactions that are not known by anyone and are not tracked by other people
besides that the security is very good compared to a bank, it is very helpful so that I am not afraid to lose money if it is not my fault different from a bank where operator error can be fatal and very detrimental to others

This is the reason too why most of the people are using the bitcoin because of its kind of security structure but the problem is there is no support like the other centralized, like what if you made a transaction and you want to cancel or close the funds you cannot make this, this commonly happens when we are sending bitcoin to other people they can make a double sent to make a traffic on the transitions, it's better to do a 1 confirmation first before making the 100 percent of the deal. If you made a mistake you cannot ask for help from someone because again this is decentralized, but for sure ask too in our forum because we have knowledgable members too.