Quote from: Salam22 on Today at 08:28:26 AM

These are some of the main advantages that I believe we should be aware of in my opinion given that I have been waiting for some senior forum members to share these types of ideas with newcomers but I haven't encountered any, which is why I think I should gather my own idea to share with the forum members. Bitcoin offers a number of advantages that can make it a distinctive and powerful financial technology.

Some of the advantages that we beginners need to know that will motivate us to learn bitcoin and use it

1. Decentralization : Since there is no central authority or government that controls bitcoin, it is more resistant to censorship, confiscation, and other forms of meddling as well as any type of governmental seizure.

2. security: Due to its use of sophisticated cryptography and distributed consensus procedures, which make it nearly impossible to hack or breach the network, bitcoin is extremely secure, in my opinion and for the little knowledge I have on it.

3. Pseudonymity: Since bitcoin transactions are pseudonymous, users can continue to maintain some level of privacy, secrecy, or anonymity when doing transactions.

4. Low fees: Compared to other traditional financial institutions, bitcoin transactions typically have substantially lower transaction fees, making them the most affordable and straightforward form of payment for international transactions.

5. Fast transaction: A bitcoin transaction can be completed in less than 10 minutes, even if it is sent across international borders. This makes bitcoin fast and trustworthy for transacting.

6. fixed supply bitcoin fix supply cap of 21 million coins makes them intrinsically deflationary and gives rise to the possibility that their value may rise over time.

7. Programmability: Bitcoin may be used to build robust smart contacts and other cutting-edge financial products since it is programmable.

Overall, bitcoins provide a strong and innovative alternative to the established financial system, and they have the potential to revolutionize how we see money and value exchange. I'm open to any further errors, corrections, and folder discussions that can help me learn more and my mates who are also newcomers. Thank you.

OP, you forgot to add the most important event in bitcoin movement which is bitcoin halving. The halving brings to limited supply after every four years because the bitcoin that miners will be able to mine after the halving will be divided into two,which will reduce the quantity of bitcoin to be mined. The next bitcoin halving will becoming up next year April and i look forward to see what will happe
to bitcoin price. Bitcoin is a future life saver and hope for its users. You are with everything that you stated.