4 reasons why you should STILL use Bitcoins

in #bitcoin7 years ago (edited)


Despite the rise of over a thousand alt-coins; Bitcoin is still the undisputed crypto-currency.


 Here are 4 reasons why you should use Bitcoin -if you are not already using it!


1. Bitcoin transactions are processed faster


Compared to conventional traction system which take days for settlements to be achieved, Bitcoin transactions are settled in minutes, including global Bitcoin transactions. Bitcoin is one of the fastest mediums of financial exchange systems in the world.


2. Bitcoin provides financial confidentiality


Bitcoin’s anonymity feature has made it a favorite financial system of people who crave for financial anonymity. Businesses and organizations which want to attract clients who demand discretion have also adopted Bitcoin including Expedia, SchiffGold®, OverStock, Dell and Microsoft.


3. Bitcoin transaction fees are cheaper


While most credit card companies and banks charge between 2 – 10% in combined processing and currency conversion fees, most Bitcoin processing and currency conversion fees is less than 1%.


4. Bitcoin transaction and funds are autonomous


Bitcoin transactions cannot be censored while Bitcoin funds cannot be seized by anyone, not even government agencies. This makes Bitcoin the perfect choice for people who need financial autonomy.

 

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