The whole idea behind cryptocurrency is next step of exchange value evolution + the advantages of bitcoin

in bitcoin •  7 years ago 

advantages-disadvanteges-bitcoin.jpg

Bitcoin is a currency entirely based on mathematics and cryptography, and it is the safest currency in the world that can not be artificially printed, blocked or falsified.

Unknown.jpeg

Bitcoin is an anonymous currency all transactions are over-the-net. This is a groundbreaking technology that will change the world of finance just as email has changed the way you communicate.

The whole idea is to evolve from existing fiat currency system and enable direct exchange between users. It will take time, but changes are unavoidable. In the near future all present tense currencies will not exist. Here is just the beginning.

as-india-goes-cashless-both-e-money-stocks-a.max-800x800.jpg

I will give you the advantages of bitcoin:

1) Instant deals. End with a few days waiting.

2) Small commission or in general.

3) Total Anonymity. Your address is anonymous, and you can change the address for each transfer.

4) Do not need any intermediaries for transfers. Everything happens without the participation of banks and other financial institutions.

5) Limited number of coins, can not be reprinted. The advantage of bitcoin is inflation-resistant than current currency.

6) Nobody is able to lock you account. The system works in p2p networks so there is no owner or manager.

7) Very easy to use and uncomplicated as bank transfers.

8) You can not reverse a transaction as it is now possible in banks or in payment transfers.

9) Secure storage of your resources and the ability to encrypt. The level of risk is marginal.

10) Brilliant convenience. Right after installing the program you can use bitcoin. No BULLETIN which I personally hate it very much. It's very simple, check it out yourself.

Bitcoin-will-be-everywhere-and-the-world-will-have-to-readjust.-World-governments-will-have-to-readjust.1.png



bg2.gif

logo steemit small.jpg

steemit nickname.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Nice post :-)!

Thank you :)

very clear !

Great !!! Thank you

You are probably right but man is the human race a stubborn one

I believe in people and I think is more with open mind then close one. Thank you for your comment :)

Cryptos are the future; we just need to fend off the establishment.

Go, Trump

Trump, trolling the libtard media since the 1980s.

It is the future ;) Thank you

great post...upvoted

Thank you :)))

You Welcome:D

Nice post dear friend :)

Thank you my friend. Glad you like it ;) Have a full of inspiration day ;)

Crypto currency is a future! Great article my dear

Thank you. Glad I could be helpful ;)

nicely explained !!

Thank you. I am glad I could help ;)

yeah Thanks to you :D

That's what will be coming and we all better be prepared! Great article, Meg!