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RussellDepp
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Joined: Mon Jun 04, 2018 12:34 pm

BitCoin Discussion

Mon Jun 11, 2018 11:53 am

Hi,

I started this topic to prevent another from going off on a wild tangent.
BitCoin has a lot of critics who call it a scam. It also has a lot of proponents who claim it has compelling advantages over existing fiat currencies.
For BitCoin:
It's an easy way to send payments over the internet with minimal or no fees.
Wealth can be generated by anyone who cares to run a GPU, the more people doing this the better for the network it is.
It can be cheaply and easily stored unlike physical assets.
It's semi-anonymous.
It has no central government control.
The crypto it's based on makes it the most secure form of money currently available.

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