Benefits gained
# 1 Instant Transfer in Peer to Peer
Peer to peer means running without having a central server.
The storage server is decentralized and distributed. The server is shared with each user connected to the network.
# 2 Transfer Anywhere
Unlike gold, bitcoin can be sent anywhere in seconds, whenever and wherever you want. Money transfer with bitcoin can occur only with the capital of a smartphone and internet connection.
You can make transfers to the whole world, as long as you are connected to the internet. Bitcoin will be saved into Bitcoin Wallet. This wallet must be installed on both sides, with PC / laptop, tablet or smartphone.
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After installing the wallet, you will get a Bitcoin Address. Transfer is very easy.
Open the wallet application, enter the address of the opponent's transaction and the amount you want to transfer, then send.
# 3 Very Small Transfer Fee
Shipping costs can be removed, even free. However, to speed up transactions, usually your bitcoin wallet will cut costs around Rp500 - Rp3,000. No matter how much money you send.
# 4 Transactions Are Irreversible
The transaction is irreversible. That is, once transferred cannot be canceled.
Bitcoin is given to someone else, the transaction cannot be canceled, unless the person is willing to send it back.
# 5 Pseudonymous Transactions
All transactions that have been done, even the bitcoin balance that someone has can we see. However, we do not know who the owner of the bitcoin address is, if the owner does not notify him.
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Every bitcoin user can actually choose whether or not his name wants to appear. However, even if the user wants to keep his identity confidential, all transactions remain recorded and can be monitored by the public.
# 6 Bitcoin is not controlled by any institution or government
Bitcoin that uses the Blockchain database is not controlled by a party, but is very open to the public. This would be impossible for someone to fake transactions on the Blockchain.
All transactions are recorded directly, transparently, and distributed to millions of servers. Those who want to change or fake bitcoin transaction data, must hack millions of servers at the same time.
# 7 Limited Amount
The number of bitcoins is only 21 million bitcoins worldwide.
Bitcoin creation system that continues to decrease every 4 years resembles an economic system, which is based on deflation. With the increasingly limited supply of bitcoin, bitcoin prices tend to rise.