Emerging as a new phenomenon in the world of finance, bitcoin, a digital currency, has received a lot of attention due to its immense potential. While it offers many advantages such as decentralization, lower transaction fees, faster processing times, there are legitimate concerns and questions about its reliability and stability In this article I will evaluate bitcoin's positives and present its critical research and address regulatory, safety and environmental concerns. In order to have a comprehensive understanding of the cryptocurrency, I will start with a survey of the history and use of Bitcoin, then dive into its pros and cons, and finally discuss possible solutions to mitigate the risks of under the attached.
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!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!