4 facts in defense of Bitcoin.
- Decentralization.
Control and control Bitcoin can not be any state as a national currency. The creator supervises the currency. The legal status of currency Bitcoin allows without going beyond the law to avoid state control and manipulation with the production of currency. This gives the commodity stability. - Stocks of currency.
The number of coins is strictly limited, in contrast to currency and gold. The market will never exceed 80% of the volume of coins in 21 million ever produced. Extraction is complicated every 4 years and the cost of coins will only grow. - Security.
Security bitcoin is provided by cryptography with a public key. Decentralization and encryption excludes the manipulation of external forces. - Exclusion of fraud.
All operations with Bitcoin are reflected and traced in Blockchain.
Reliable code security, the impossibility of external manipulation of the Bitcoin currency and limited production gives Bitcoin the opportunity to grow in value in the future.
picture http://www.coindesk.com/the-structure-and-valuation-of-zcash-vs-bitcoin/
Thank you for Your attention!
Follow me! @inna-yatsuk
The problem with most arguments for or against a given crypto currency is that many alternatives exist that have the same attributes, and evolution is the key to staying relevant.
Thank you for your visit. Bitcoin has established itself as a popular asset for many traders due to the significant percentages of daily exchange rate fluctuations and the overall growth demonstrated over the long-term time interval.
I would have to agree with @coinnews, the key is to stay on top of the competition, or to be the latest greatest thing since string cheese.
But in all honestly, any cryptocurrency (in my option) is better off than the corrupted World-Government Paper Dollars.
Best Regards,
@abn
Your opinion is very important! @ ABN
this is useful. thanks for sharing @inna-yatsuk :)