What are the advantages of Bitcoin?
by SMEBOOK (admin) · October 16, 2020
Bitcoin has shown a tremendous growth in popularity in recent past due to the numerous benefits it offers over traditional modes of financial transactions. A few advantages of using Bitcoins are:
- Swift transactions
- Globally accepted currency
- Decentralised currency network
- No third party indulgence
- Low or negligible transaction fees
- Encrypted, hence secure system
- Bitcoin is anonymous but offers transparency as well
- Not affected by Inflation
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