Advantages

Free payment

You can instantly pay and receive any amount of funds anytime and anywhere. No bank holidays, no borders, and no restrictions imposed. Bitcoin allows users to fully control their funds.

##Choose the handling fee by yourself
Currently, only a very small fee is charged for trading Bitcoin. Of course, users can include higher handling fees in the transaction to encourage faster transaction confirmation.

Reduce business risk

Bitcoin transactions are secure, irrevocable, and do not contain sensitive or personal information of customers. This avoids losses to the merchant due to fraud or fraudulent chargebacks. Merchants can also easily expand into new markets where credit cards are unusable or fraud rates are unacceptably high. The end result is lower fees, a larger market, and lower costs.

Security and Control

Bitcoin users can completely control their own transactions; merchants cannot forcefully charge fees that may occur in other payment methods that should not be or are not easy to find. Paying with Bitcoin eliminates the need to bind personal information in the transaction, which provides great protection against identity theft. Bitcoin users can also protect their funds through backup and encryption.

Transparency and neutrality

All transaction information about Bitcoin is stored in the blockchain, and anyone can view and verify it in real time. No individual or organization can control or manipulate Bitcoin transactions. So we can trust that Bitcoin is completely neutral, transparent and predictable.

Disadvantages

Acceptance

There are still many people who don't know Bitcoin. Every day, many merchants accept Bitcoin because they want to benefit from it. Although this number is still small, more merchants will support Bitcoin in the future.

Volatility

The total value and scale of bitcoins in circulation are still very small. Therefore, relatively small transactions or business activities can significantly affect its prices. In theory, as the Bitcoin market and technology mature, this volatility will decrease. This world has never seen an emerging currency like this, so it is really difficult to imagine how it will progress.

Under development

Bitcoin software is still in the beta version, and many unfinished features are in the active development stage. New tools, features and services are being developed to make Bitcoin safer and more accessible to the general public. There are still some functions that are not available to every user. Generally speaking, Bitcoin is still in the process of maturity