A few advantages of using bitcoin over a bank account/credit card/Paypal account.

[BradRB]

A few advantages of using bitcoin over a bank account/credit card/Paypal account.

- There is no centralised middleman controlling the flow of money, so your funds can’t be frozen, held, or subjected to arbitrary spending limits.
- You can send nearly instant payments anywhere in the world for a very small, optional fee; usually equivalent to a few cents.
- Bitcoin transactions are irreversible. For merchants, this means no chargebacks and a much smaller risk of payment fraud.
- All Bitcoin transactions are on public record, so it’s possible to prove a payment has been made or personal ownership of bitcoins.
- Bitcoins cannot be counterfeited or debased — only a finite amount of bitcoins can ever be created.
- Bitcoin can be an anonymous form of payment if certain precautions are taken.

What would you add to this list?