Why use Bitcoin? Because It Is Fast, Easy, Cheap And Private!

Why use bitcoin? Because It Is Fast, Easy, Cheap And Private! Some Important Features and Advantages Of Bitcoin are: The most important feature of bitcoin is that it is decentralized and is not controlled by a single authority all the machines work together and if one network goes down for any reason the money does not stop instead it keeps on flowing.

Bitcoin is anonymous as users can be the owner of multiple bitcoin addresses and they do not have to mention their names, addresses or any information related to their personality.

If you make an international transfer any normal bank will charge you about ten pounds for it, but bitcoin does not. Bitcoin is also very fast, as if you will make a payment it will arrive within minutes as soon as the bitcoin network processes it.

However, you should be careful when sending your bitcoins as they will not come back once sent. Until the recipient returns it back to you, you can never receive it. It means that you should be very careful before making any transaction.