The Bitcoin Advantages for Us

in #bitcoin8 years ago


There are many Bitcoin advantages that we can get from using this digital currency. As we know, Bitcoin is one of the most popular cryptocurrencies in the world. Bitcoin is operating using SHA-256 and it is very effective as an exchange agent. The SHA-256 is actually a cryptographic hash functions which is actually designed for the U.S National Security Agency. The base of Bitcoin is the proof-of-work system. Bitcoin has many function and advantages for us. Below, you will find several Bitcoin advantages that you will get from using the cryptocurrency.

Get Ultimate Freedom in Payment
Basically, when you are using Bitcoin, you will be able to send money anywhere and also get money from anywhere around the world. You can do it at any given time. Beside of that, you do not have to consider crossing borders if you use Bitcoins. Things like bank holidays or transfer limit are also nonexistence when you use Bitcoin and transferring money using Bitcoins. The most important thing about using Bitcon is that you are in the total control of your Bitcoin money. In the Bitcoin network, there is no one taking control of your money but you.
Get Better Control and Security
Bitcoin is very user friendly because the users of Bitcoin is allowed to be in charge for their own transaction, Beside of that, if you use Bitcoin to purchase something from merchant, the merchants cannot charge you will extra money without your consent. So, they have to talk to you first before they can charge you. Also, you do not have to worry about your personal information getting leaked when you have transaction using Bitcoin. The personal information of yours is totally kept when you are using Butcoin. The payment can be done and finalized without having to leak your personal information. So, basically using Bitcoin is better in control and safer in security.
Get Real Transparency
You do not have to worry about getting cheated when you use Bitcoin. It is because using Bitcoin, each and every one of the transaction is available to be seen by anyone. In spite of this fact, still, personal information is kept and hidden very well. Even though it is transparent, the protocol of Bitcoin is very secure and it cannot be manipulated by anyone at all. Even the government cannot manipulate the Bitcoin. It is because Bitcoin is very cryptographically secure.
Get Better Deal
Using Bitcoin, you will be able to get the payment for free. You do not have to pay a lot of fees for the payments. The payments in Bitcoin can be done for free or without fee or with just low fees. Even the fees for Bitcoin are less than the fee you have to pay for your credit card and also for your PayPal. It is very simple, very inexpensive, and very satisfying.
Basically, you have read the good things that you will get from using Bitcoin. It is one of the most famous and trusted cryptocurrencies in the world. So, with all those Bitcoin advantages above, you can make sure that Bitcoin is indeed the best.

thanks to all users steemit ... this is my first article about bitcoin ... thanks to upvote

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Great content very informative

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