Post
Topic
Board Nigeria (Naija)
Re: My view on whether Bitcoin is the safest and cheapest way to receive money
by
SatoPrincess
on 08/09/2025, 16:27:28 UTC
Bitcoin may be a fast and cheap means to receive funds especially from overseas, yet it isn't usually the safest or even cheapest for all. There are fees which depends on the network at that particular time, and the price is volatile too. As for safety, it protects when you have knowledge on how to store properly, yet when careless, you may lose all your money. Therefore it is good but won't be said to be the best choice for all situation.
You made so interesting points and I don’t think want to disagree with you just yet without knowing your full thoughts on the topic. As you have said that bitcoin isn’t the best, I’d like to know what then in my opinion is the best choice (safest & cheapest) for all situations?