Post
Topic
Board Bitcoin Discussion
Re: What you can benefit from investing in Bitcoin
by
Churchillvv
on 13/01/2024, 23:56:45 UTC
1: With just your smartphone you can carry out financial services.
This is common in any other cryptocurrencies not just Bitcoin alone. even with fiat you can still carry out your financial services with just your smart phone depending the type of transaction you wish to carry out. so it is too in Bitcoin so it's a common feature now.

3: As freelancer who works online, you can use bitcoin to facilitate some of your transactions.
4: As a business owner or an entrepreneur one can accept payment in Bitcoin. 
This common in every other cryptocurrencies, though was all brought in place through Bitcoin as the first cryptocurrency. but it's no longer a special feature of Bitcoin because Altcoins (shitcoins) can do so even too.

2: In bitcoin, you have full control of your financial assets. You have ownership to your private keys which is not always available in our normal banking.
This is one of the major aim Satoshi Nakamoto for creating bitcoin. For years we have been or are still under the control of some few people who calls themselves governments who practically controls every part of our life with the printing of fiats. hence Bitcoin was initiated to free us from central control of the government through some agencies like banks.

5: When there is currency devaluation, one can use Bitcoin to protect their wealth even though there is risk of price volatility.
I'm very much delighted with this about Bitcoin, because the rate of inflation in good and services has lead to deflation in our fiat (local currencies) which is also caused by the countless printing of fiats(money). The risk which is posed by volatility is what most of us have exploit and it's not longer seen as a risk rather an investment opportunity in Bitcoin.