When comes to use bitcoin there are many questions that hit the mind of a person. Why can we use it? What are the benefits of using those? Why are those much better than credit card or cash? Here to make a person all doubts easily clear, here we have come up with few good reasons that one should know of using the bitcoin. Continue on reading the article.
It is made for today’s generation-
By it, we mean that bitcoin is made for the internet generation. We are now faster getting away from those days when we use to carry the paper money into our pockets. Bitcoin goes several steps further and is much better than the credit cards, equipping the users with the best option for payment that is lower in fees significantly and is providing virtually an instantaneous transactions time and the best thing it is easily accessible through dozens of bitcoin wallets. On the top of comforts, it is offering users of credit card freedom from worries of fraud, the crippling rate of interest and identity theft.
It is 100% fast, secure and global as well-
Bitcoin does not discriminate. A user can use it anywhere all across the globe, for sending value instantly almost for free. Transferring cost of bitcoin is just few pennies and one can send much value as wants. It is essential for one to keep in mind that bitcoin cannot be duplicated or counterfeited. The transactions are done peer to peer with no need of any bank to oversee those.
It isn’t subject to inflation-
Total numbers of bitcoin capped are 21 million that are different from other currencies. As the in circulation total number of dollar rises, it creates inflation. Inflation is where dollar value decreases over time because of supply increasing. It is scarce and fungible, thus gives it interesting properties.
These are the reasons to use bitcoin.
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