What are the benefits of bitcoin?

[Villanueva441]

Bitcoin is the first localized digital currency, as the system works without a central bank or single administrator.Earn bitcoin for every task that you complete, and receive payment within hours. Thanks to Bitcoin, there's no more waiting for checks or bank transfers to clear.

[BestW1shes]

The advantages of bitcoin in decentralization

[MintDice]

How does one earn btc for every task that they complete? The benefits of btc for everyday users currently are the low fees for transferring money-compared to a wire transfer, for example. There is also a certain anonymity factor that many users might enjoy as well as no tax on purchases. There is a bit of a ways to go, however, until btc can be liquid enough for everyday payments such as a coffee or the like.

[jitenrajput]

Bitcoin is internationally accessible and the transaction fees are less compared to the wire transfer.

[Ann]

There is a huge drawback to bitcoin now. It is not always accepted for payment.

[Incryptsnews]

Benefits of bitcoin-
- it is a digital currency
- not owned by a central government or a central bank.
- decentralized.
- it can be sent from any point in the world to another.
- need not wait for the bank transfer to clear.

[BestW1shes]

decentralized and fast transactions

[SamNeels]

Since it's the first crypto currency it has its power over the world. If you spending your time analyzing crypto world and finacial markets you can see that bitcoin still the most in-demand currency. The benefit is that you can earn much on this.

[Keron]

The biggest benefit of Bitcoin is that people can invest in it and earn profits through it. The other benefit of it is that it has created a competition for regular money. You can make transactions with it if you don't have regular cash. You can save it for future use as well.

[Keron]

Bitcoin and cryptocurrency is a sort of investment which can bring a lot of sweet fruits for us. Just imagine the Bitcoin bought by people in 2009 and the profit they have earned since then. Its all about investment at the right time and the right thing. Striking when the metal is hot.

[handycash]

There is a huge drawback to bitcoin now. It is not always accepted for payment.

I am sure it is now. It is widely accepted in many countries and websites. The stats will overwhelming. Almost all Forex brokers and investment sites have adopted its usage.

[CRcentrum]

decentralization

[silent_guy]

[Baloo]

The biggest benefit of Bitcoin is that it has provided an alternative path to mainstream financial system. You can do financial transactions through it. You can also invest it in the form of future planning. Another benefit is that a lot of countries are trying to implement digital currency on official level.

[BenFormer]

For me BTC has more potential than other crypto currencies.
I invest in even though it's unstable.

[CryptoBlockWire]

Points of interest of Bitcoin are:

Client Anonymity

No Third-party Interruptions

Buys Are Not Taxed

Low Transaction Fees

Versatile Payments

[icoinvestment]

Anonymity is probably the biggest plus, at least for me. And the lack of turnover taxes.