Advantages of bitcoin
Although bitcoin has not been able to trade freely up to now, we cannot deny the advantages of bitcoin, and there are many advantages that cannot be replaced by other trading objects.
The first is the freedom of payment. With the circulation of bitcoin, you can pay and receive any amount of money at any time and place in real time; and there will be many fewer restrictions, because there are no bank holidays, no borders and no imposed restrictions. Bitcoin allows its users to fully control their funds._DJMINER
It can also reduce the risk of merchants, because bitcoin transactions are secure, irrevocable, and do not contain sensitive or personal information of customers, which avoids the loss of merchants due to fraud or fraudulent chargeback.
In fact, where the credit card cannot be used or the fraud rate is unacceptably high, businesses can easily expand the new market, and the final result is lower handling fees, larger market, and less administrative costs.
In fact, the most important thing is security and control. Bitcoin users have full control over their own transactions. It is impossible for merchants to impose fees that are not supposed or easy to find in other payment methods. Payment with bitcoin can avoid binding personal information in the transaction, which provides a great protection against identity theft. Bitcoin users can also protect their funds through backup and encryption._DJMINER
They also choose their own handling fees. At present, there is no handling fee or only a small handling fee for the handling of special currency payment. Users can include the handling fee in the transaction to encourage faster transaction confirmation and faster receipt of transaction confirmation sent by the network.
Finally, it is transparent and neutral, because all the information of bitcoin fund supply itself is stored in the blockchain, and anyone can test and use it in real time. No one or organization can control or manipulate bitcoin protocol, because its protocol is secure in cryptography. So we can trust that bitcoin is completely neutral, transparent and predictable._DJMINER
The first is the freedom of payment. With the circulation of bitcoin, you can pay and receive any amount of money at any time and place in real time; and there will be many fewer restrictions, because there are no bank holidays, no borders and no imposed restrictions. Bitcoin allows its users to fully control their funds._DJMINER
It can also reduce the risk of merchants, because bitcoin transactions are secure, irrevocable, and do not contain sensitive or personal information of customers, which avoids the loss of merchants due to fraud or fraudulent chargeback.
In fact, where the credit card cannot be used or the fraud rate is unacceptably high, businesses can easily expand the new market, and the final result is lower handling fees, larger market, and less administrative costs.
In fact, the most important thing is security and control. Bitcoin users have full control over their own transactions. It is impossible for merchants to impose fees that are not supposed or easy to find in other payment methods. Payment with bitcoin can avoid binding personal information in the transaction, which provides a great protection against identity theft. Bitcoin users can also protect their funds through backup and encryption._DJMINER
They also choose their own handling fees. At present, there is no handling fee or only a small handling fee for the handling of special currency payment. Users can include the handling fee in the transaction to encourage faster transaction confirmation and faster receipt of transaction confirmation sent by the network.
Finally, it is transparent and neutral, because all the information of bitcoin fund supply itself is stored in the blockchain, and anyone can test and use it in real time. No one or organization can control or manipulate bitcoin protocol, because its protocol is secure in cryptography. So we can trust that bitcoin is completely neutral, transparent and predictable._DJMINER
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