Post
Topic
Board Bitcoin Discussion
Re: Made some research, found out some benefits of Bitcoin
by
pooya87
on 17/02/2023, 14:48:45 UTC
(thin air currency""donald trump"""
AKA illiterates definition of bitcoin lol.

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Bitcoin is protected by complex cryptographic passwords to keep it safe
Wrong. There is no "passwords" or (if you are thinking it) any encryption used in Bitcoin protocol. What protects bitcoin's blockchain is Proof of Work which in simple terms is the cost of finding the hash lower than the difficulty target which is high. And is the asymmetric cryptography used in signatures of transactions you see in the blockchain.

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###Very Low Transaction Fees for International Payments.
The fee for Bitcoin is very high, so we do not make transfers in Bitcoin.  There are more advantageous options in the crypto world that work with banks.  Bitcoin is just a good investment for me right now.
This part fell apart real fast! You first say the transaction fees are low then you contradict that by saying it is high and then finish it off by saying it is not a good investment which had nothing to do with the previous parts! Cheesy