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:

  1. Swift transactions
  2. Globally accepted currency
  3. Decentralised currency network
  4. No third party indulgence
  5. Low or negligible transaction fees
  6. Encrypted, hence secure system
  7. Bitcoin is anonymous but offers transparency as well
  8. Not affected by Inflation

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What are the advantages of Bitcoin?

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