Bitcoin is often hailed as the future of the monetary world for a variety of reasons. Below are reasons from COINCENTRAL on why you should start using bitcoin today
It’s decentralized and brings power back to the people. Launched just a year after the 2008 financial crises, BTC has attracted many people who see the current financial system as unsustainable. This factor has won the hearts of those who view politicians and government with suspicion. It’s no surprise there is a huge community of ideologists actively building, buying, and working in the cryptocurrency world.
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Freedom. Another reason why you should use bitcoin according to COINCENTRAL is, the concept that one could carry millions or billions of dollars in BTC across borders, pay for anything at any time, and not have to wait on extended bank delays is a major selling point.
Security. BTC payments don’t necessarily need to be tied to one’s personal information. Since personal information is left out of the transactions, users aren’t as exposed to threats such as identity theft. BTC can also be backed up and encrypted to ensure the security of your money.
Low Transaction Fees. Banks and companies like PayPal charge to send and receive money. BTC replaces the 2.5% “transaction fee” with one that’s only a fraction of that.
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The Immutable Ledger. Bitcoin’s blockchain public ledger is objective. People trust it to be fair because it is based on pure mathematics, rather than the human error and corruption of questionable politicians.
High Return Of Investment: Most bitcoin investment platforms promise a very high return of investment for its investors. Bitclub Advantage promises a whooping 300% return of investment. So using bitcoin is another way of passively making more money.
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